Closed · April 2026 · West Hamilton Street, Allentown, PA

80+ Unit Value-Add Acquisition on West Hamilton Street, Allentown, Financed at 80% of Total Cost

A repeat Lehigh Valley client acquired an 80+ unit value-add apartment building on West Hamilton Street in Allentown with financing at 80% of total cost, purchase price plus unit turnover and rehab, closed in April 2026.

Red-brick apartment buildings around a landscaped courtyard with a paved walkway and lamp posts — West Hamilton Street, Allentown.

How the financing was structured

The buyer is a repeat GSM client who has built a Lehigh Valley portfolio one building at a time, and this acquisition added an 80+ unit value-add property on West Hamilton Street in Allentown.

GSM Commercial Capital arranged financing at 80% of total cost, purchase price plus the unit turnover and rehab budget, closing in April 2026. Value-add deals of this size in Allentown are usually sized by a lender to today's income and fund little of the turnover; the structure here funded the plan for the building, not just the purchase.

The Lehigh Valley is GSM's largest market, with 2,000+ units and 275+ closings over ten years. Most of those closings are 1–4 family rentals and small multifamily; larger buildings like this one are financed with the same local knowledge of the streets, the rents, and which capital fits.

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