Buccini & Pollin Group Secures $70.25M Refinance Loan From HPS/Blackrock For Multifamily Asset

The property asset involved in this transaction is a multifamily asset located at 801 North Orange Street in Wilmington, DE. The refinance loan amount secured for this property is $70,250,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $70,250,000
• Lender: HPS/Blackrock
• Landlord: Buccini & Pollin Group
• Landlord's Representative: Morris Betesh & Alex Bailkin - Arrow Real Estate Advisors
• Loan Type: Refinance

The deal involved key individuals and firms, including the lender HPS/Blackrock and the landlord Buccini & Pollin Group, represented by Morris Betesh and Alex Bailkin from Arrow Real Estate Advisors. Their roles were crucial in facilitating the refinance transaction.