$9.0 Million Office Loan Sale | Suburban Philadelphia, PA

特性

ローン・ステータス

正常債権

Loaan Purpose

Acquisition

Original Balance

$12.3 Million

Current UPB PSF

$82

Origination Date

March 2017

Maturity Date

January 2027

入札終了日

2026/03/11

形容

Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis by the Seller to arrange the sale of a $9.0 million office loan (the “Loan” or “Note”). The Loan is secured by the open-end mortgage on a mid-rise office building located in Suburban Philadelphia, PA. (the “Property” or “Collateral”).

Constructed in 2007 and renovated in 2022, the four-story Property is conveniently located along Lincoln Highway and totals 110,000 rentable square feet. Additionally, the Property features 417 open-air parking spaces. As of January 2026, the Property was 65.5% occupied and benefits from a WALT of 3.3 years.

Originated in March 2017 and maturing in January 2027, the Loan features a floating interest rate of SOFR + 4.0% and has an attractive in-place debt yield of 10.7%. As of February 2026, the Loan is performing with an unpaid principal balance of $9.0 million.

The offering presents investors the opportunity to buy a performing Loan at a favorable basis, significantly below replacement cost.

...

投資のハイライト

Exceptional Connectivity & Access

Strategically located along Lincoln Highway, the Property delivers superior regional connectivity with immediate access to premier retail amenities including Neshaminy Mall, various major box retailers, and a diverse selection of restaurant options.

New Premium Tenant Amenities

The Property features a newly renovated amenity center complete with a sophisticated tenant lounge, grab-and-go café, and state-of-the-art conference facility.

Dominant Employment Growth

Over the last twelve months, Philadelphia ranked as the second-strongest U.S. metropolitan area for employment growth with 40,400 jobs added, demonstrating robust economic fundamentals.