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Rialto Capital Provides $118.5 Million Refinance Loan For 5000 Richmond Street In Philadelphia

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FINANCED
$118,500,000
Sean Reimer
Dustin Stolly
+ 7

Pennsylvania

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Industrial760,000 SF
Financed 05/08/2026
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FINANCED

Rialto Capital Provides $118.5 Million Refinance Loan For 5000 Richmond Street In Philadelphia

5000 Richmond Street

See Similar Deals
Industrial760,000 SF
Financed 05/08/2026
Sean Reimer
Dustin Stolly
+ 7
Contact now

Summary

PENNSYLVANIA
Asset Type:Industrial
Price Per Square Foot:$155
Total Square Footage:760,000 SF
Transaction Type:Loan

The property involved in this transaction is an industrial asset located at 5000 Richmond Street in the Philadelphia market. The asset spans 760,000 square feet and is part of a refinancing loan worth $118,500,000.

Summary of transaction details:

The transaction features involvement from key representatives in the real estate industry, including Aaron Malitzky and Daniel Belecen representing the landlords. The broker team from Walker & Dunlop is composed of several professionals, reflecting a collaborative effort in facilitating the refinancing of this significant industrial property.

Players

Aaron Appel
190 deals$31.9B volume
BROKER

Dustin Stolly
Walker & Dunlop
264 deals$49.1B volume
BROKER

Jonathan Schwartz
Walker & Dunlop
165 deals$26.9B volume
BROKER

Keith Kurland
Walker & Dunlop
170 deals$29.1B volume
BROKER

Adam Schwartz
Walker & Dunlop
160 deals$25.4B volume(646) 491-8869
BROKER

Michael Ianno
Walker & Dunlop
51 deals$6B volume
BROKER

Stanley Cayre
Walker & Dunlop
11 deals$2B volume(917) 613-8038
BROKER

Sean Reimer
Walker & Dunlop
46 deals$9.4B volume(646) 221-6437
BROKER

Rialto Capital
LENDER

Daniel Belecen
Elion Partners
3 deals$181.5M volume
LANDLORD

Details

FINANCED
IMAGE: Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Aaron Malitzky, Stanley Cayre, Daniel Belecen, Dustin Stolly, Sean Reimer, Michael Ianno & Michael Diaz DATE: 05/08/2026 ADDRESS: 5000 Richmond Street MARKET: Philadelphia ASSET TYPE: Industrial ~ SF: 760,000 LENDER: Rialto Capital LANDLORD: Aaron Malitzky - Kadima Industrial Partners; Daniel Belecen - Elion Partners BROKERS: Aaron Appel, Jonathan Schwartz (@JSchwa1386), Adam Schwartz (@AdamSchwartz88), Keith Kurland (@KaKurland), Dustin Stolly, Sean Reimer, Michael Ianno (@MIanno20), Stanley Cayre (@Stanley_Cayre) & Michael Diaz - Walker & Dunlop (@WalkerDunlop) LOAN AMOUNT: $118,500,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$118,500,000.00

Monthly NOI$790,000.00
Monthly Debt Service$749,000.61
Change in Cash Flow$0.00
Refinance Proceeds$0.00