Dime Commercial Bank Provides $15 Million Refinance For Retail Space In Baltimore, MD
5457 Baltimore National Pike
$15,000,000
$53/SF
Building Size
279,505 SF
Asset Type
Retail
Closing
Sep 1, 2026
About this deal
AI
The transaction involves a retail shopping center located at 5457 Baltimore National Pike in Baltimore, MD, featuring a total square footage of 279,505. The loan amount secured for this asset is $15,000,000, specified for refinance purposes, with financing provided at a sub-6% interest rate through Dime Commercial Bank.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $15,000,000
- Address: 5457 Baltimore National Pike
- Market: Baltimore, MD
- Asset Size: 279,505 SF
- Lender: Charlie Terrasi - Dime Commercial Bank
- Brokers: Isaac Filler, Yossi Koschitzki, Michael Neumann, Steven Edelstein & Jacob Futersak - Filler Capital
- Loan Type: Refinance
Filler Capital LLC facilitated the transaction, expressing appreciation for Charlie Terrasi and the Dime team for their effective collaboration during the process. The completion of this refinancing allowed the client to secure favorable financing terms.
Players
Baltimore Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93