Parcel K Update 05/19/21

Ora Seaport Refinanced for $155M

Parcel K Residential Tenant LLC a subsidiary of Phoenix Property Company has refinanced the Ora Seaport Apartments at 899 Congress Street for $155M through  RBC Real Estate Capital Corp. The new construction multifamily building offers 304 modern apartments along with amenities including a rooftop pool, fitness center, and coffee bar. The studio through 3 bedroom homes are currently priced at around $3000 through $8795 per month with up to 2 months free offered on select residences.

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