Maxim Capital Group Provides $34.125M Loan For Office Acquisition At 2000 Market Street
2000 Market Street
$34,125,000
Building Size
—
Asset Type
Office
Closing
Aug 13, 2025
AI
The asset involved in this transaction is an office property located at 2000 Market Street, Philadelphia, PA. The loan amount for this acquisition is $34,125,000.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $34,125,000
- Lender: Maxim Capital Group - Josh Greene & Adam Glick; & Green Pine Real Estate
- Brokers: Morris Betesh, Israel Mermelstein & Alex Bailkin - Arrow Real Estate Advisors
Key individuals involved in the deal include Josh Greene and Adam Glick representing Maxim Capital Group, as well as Morris Betesh, Israel Mermelstein, and Alex Bailkin from Arrow Real Estate Advisors representing the brokers in this transaction.
Players
Philadelphia Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.46%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93