Developers Realty Corporation Secures $33.5 Million Refinance Loan From Arrowmark Partners In Williamsburg
FINANCED
$33,500,000
Virginia
See Similar DealsRetail248,176 SF
Financed 05/13/2025
FINANCED
Developers Realty Corporation Secures $33.5 Million Refinance Loan From Arrowmark Partners In Williamsburg
4911 Courthouse Street
See Similar DealsRetail248,176 SF
Financed 05/13/2025
Summary
VIRGINIA
Asset Type:Retail
Price Per Square Foot:$135
Total Square Footage:248,176 SF
Transaction Type:Loan
The property involved in this transaction is a retail asset located at 4911 Courthouse Street in Williamsburg, comprising a total square footage of 248,176. The refinance loan associated with this property amounts to $33,500,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $33,500,000
- Lender: Arrowmark Partners
- Landlord: Developers Realty Corporation
- Brokers: Dylan Kane & Zachary Redding - Colliers
- Loan Type: Refinance
- Date: 5/13/2025
Key individuals involved in this transaction include brokers Dylan Kane and Zachary Redding, representing Developers Realty Corporation in this refinance deal. Their roles facilitated the financial arrangements necessary for the property at the specified address.
Players
LENDER
LANDLORD
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$33,500,000.00
Monthly NOI$223,333.33
Monthly Debt Service$211,742.79
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions