{"id":815951,"date":"2022-08-26T07:08:56","date_gmt":"2022-08-26T05:08:56","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/keystone-development-investment-secures-265-2m-loan-to-expand-the-life-science-conversion-of-the-curtis\/"},"modified":"2022-08-26T07:08:56","modified_gmt":"2022-08-26T05:08:56","slug":"keystone-development-investment-secures-265-2m-loan-to-expand-the-life-science-conversion-of-the-curtis","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/keystone-development-investment-secures-265-2m-loan-to-expand-the-life-science-conversion-of-the-curtis\/","title":{"rendered":"Keystone Development + Investment Secures $265.2M Loan to Expand the Life Science Conversion of The Curtis"},"content":{"rendered":"CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Keystone Development + Investment has secured a $265.2 million loan from Nuveen Real Estate, an affiliate of Teachers Insurance &amp; Annuity Associates of America (TIAA), to expand its Life Science conversion of The Curtis in Philadelphia, and to construct the mission-critical infrastructure required for the surging demand for lab space.\n\n\n\nA portion of the funding will be allocated to infrastructure upgrades and leasing costs at The Curtis, validating the firm\u2019s approach to adaptive reuse at a time when economic conditions make refinancing challenging. The proceeds of Nuveen\u2019s loans are intended to provide sufficient capital to convert the next 200,000 square feet of space at The Curtis to cGMP and <div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>CONSHOHOCKEN, Pa.&#8211;(BUSINESS WIRE)&#8211;Keystone Development + Investment has secured a $265.2 million loan from Nuveen Real Estate, an affiliate of Teachers Insurance &amp; Annuity Associates of America (TIAA), to expand its Life Science conversion of The Curtis in Philadelphia, and to construct the mission-critical infrastructure required for the surging demand for lab space. A portion of [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-815951","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Keystone Development + Investment Secures $265.2M Loan to Expand the Life Science Conversion of The Curtis - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/keystone-development-investment-secures-265-2m-loan-to-expand-the-life-science-conversion-of-the-curtis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Keystone Development + Investment Secures $265.2M Loan to Expand the Life Science Conversion of The Curtis - BeBeez\" \/>\n<meta property=\"og:description\" content=\"CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Keystone Development + Investment has secured a $265.2 million loan from Nuveen Real Estate, an affiliate of Teachers Insurance &amp; Annuity Associates of America (TIAA), to expand its Life Science conversion of The Curtis in Philadelphia, and to construct the mission-critical infrastructure required for the surging demand for lab space. 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