Philadelphia apartments head to servicing

This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Dive Brief: The loan for Storehouse Lofts, a 161-unit property in Philadelphia, has been moved to special servicing after a payment default, according to a Morningstar Credit report shared with Multifamily Dive. The loan for the property, with $28 million outstanding, initially fell delinquent in January 2025 and has moved to the 90-day category as of Augus ...