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Deutsche Bank Provides $41 Million Refinance Loan For Office Asset In Wilmington, DE
FINANCEDOffice

Deutsche Bank Provides $41 Million Refinance Loan For Office Asset In Wilmington, DE

$41,000,000

Building Size

Asset Type

Office

Closing

Feb 17, 2026

AI

The transaction involves an office asset located in Wilmington, DE, with a refinancing loan amount of $41,000,000. The lender for this deal is Deutsche Bank.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $41,000,000
  • Lender: Deutsche Bank
  • Landlord's Representative: Morris Betesh, Alex Bailkin & Matt OHanlon - Arrow Real Estate Advisors
  • Loan Type: Refinance
  • Date of Transaction: 2/18/2026

The deal highlights the involvement of Morris Betesh, Alex Bailkin, and Matt OHanlon, who represent the landlord throughout this refinancing transaction, showcasing their role in facilitating the agreement with the lender, Deutsche Bank.

Players

Morris Betesh

Arrow Real Estate Advisors

Broker

$12.4B

vol

214 deals

Broker
Deutsche Bank
Deutsche BankLender

Market Office Market Snapshot

Boundary boundary · Office · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.39%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93