MF1 Capital & Pearlmark Provides $50.5M Refinance For Multifamily Asset In Wilmington DE
$50,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 1, 2026
AI
The asset involved in this transaction is a multifamily property located in Wilmington, DE. The loan amount secured for this asset is $50,500,000, under a refinance loan type.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $50,500,000
- Lender: MF1 Capital & Pearlmark
- Landlord's Representative: Morris Betesh, Alex Bailkin & Matt OHanlon - Arrow Real Estate Advisors
The key individuals involved in this loan transaction consist of representatives from Arrow Real Estate Advisors, specifically Morris Betesh, Alex Bailkin, and Matt OHanlon, who facilitated the deal for the landlord. Their roles contributed to the successful arrangement of financing from the lenders, MF1 Capital and Pearlmark.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93