Bakery Square

PITTSBURGH, PA​ | 220-UNIT MULTIFAMILY DEVELOPMENT

New York city skyline panorama at night. Aerial panoramic view of Manhattan illuminated skyscrapers after the sunset

Key Investment Highlights

  • Bakery Square is a 220-unit multifamily development, located on a 1.80-acre site in the Larimer neighborhood of Pittsburgh, closely bordered by East Liberty and Bakery Square
  • The project is fully entitled, permitted and ready for construction to begin
  • The project is located adjacent to Bakery Square, the site of an old Nabisco bakery that has been developed into two apartment projects, townhomes, and office space
  • The project is also located within walking distance of the Shadyside and East Liberty neighborhoods, both offering a large retail presence and foot traffic
  • Project will feature a pool in the center courtyard, an attached leasing and amenity area, and an attached parking garage for residents

Development Information

  • Property Type

    Multifamily

  • Deal Type

    Opportunistic / Op Zone

  • Units

    220


Located in
Pittsburgh, PA

6465 Hamilton Avenue
Pittsburgh, PA 15206
United States

Invest With Larson Today.


Disclaimer: The information contained herein is for informational purposes only and does not constitute an offer or sale or any form of general solicitation or general advertising of interests in any fund or investment vehicle. Any such offer will only be made in compliance with applicable state and federal securities laws pursuant to offering documents which will be provided to qualified prospective investors upon request. Prospective investors should review the offering documents carefully, which includes important disclosures and risk factors.

Risks and Limitations: the risks associated with making investment decisions based on targeted metrics is that they are targets. Commercial real estate investing is risky, and that means that the investment will not always play out according to expectations. Targeted returns involved multiple degrees of uncertainty and risk related but not limited to rental rates, lease expiration dates, occupancy rates, length of the investment period, exit cap rates, and interest rates. – Criteria and Assumptions- how a sponsor approaches the underwriting process (conservative, moderate, aggressive) may change the assumptions of the model which include targeted: cash yield, equity multiple, IRR, investment period and distribution rates