Apollo Pearlmark Octagon S&T Bank Provides $103 Million Bridge Loan For Mixed-Use Property In Wilmington DE

The asset involved in the transaction is a mixed-use property located at 1007 North Orange Street in Wilmington, DE. A bridge loan amounting to $103,000,000 has been secured for this property.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $103,000,000
• Lender: Apollo, Pearlmark, Octagon, S&T Bank
• Market: Wilmington, DE
• Brokers: Morris Betesh, Alex Bailkin & Matt OHanlon - Arrow Real Estate Advisors
• Loan Type: Bridge

The key individuals involved in the transaction are Morris Betesh, Alex Bailkin, and Matt OHanlon, who represent Arrow Real Estate Advisors in facilitating this loan agreement.