property record · Office
500 Delaware Avenue
Commercial property in Wilmington, New Castle County, Delaware. Income, occupancy and loan, each figure linked to the filing it comes from.
Operating income
As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.
| As of | NOI | Revenue | Expenses | DSCR | Source |
|---|---|---|---|---|---|
| 2025-12-31 | 12,146,905 | 12,760,750 | 613,845 | 2.41 | evidence → |
| 2025-09-30 | 12,171,320 | 12,760,751 | 589,431 | 2.41 | evidence → |
| 2024-09-30 | 11,920,453 | 12,358,957 | 438,504 | 2.35 | evidence → |
| 2024-06-30 | 11,878,232 | 12,358,958 | 480,726 | 2.83 | evidence → |
| 2023-03-31 | 8,666,045 | 12,638,328 | 3,972,284 | 2.08 | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0001994342", "entity_ref": "255c1be9-a6be-495b-9fe9-553032b44e4b", "originator": "3650 Real Est | evidence → |
| loan payment status | {"label": "Current", "value": "0", "loan_id": "17"} | evidence → |
| address | {"zip": "19801", "city": "Wilmington", "state": "DE", "county": "New Castle", "address": "500 Delaware Avenue" | evidence → |
| occupancy | {"basis": "securitization", "value": 0.915} | evidence → |
| sqft | {"basis": "most_recent", "value": 371222} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_sta | evidence → |
| type | {"label": "Office", "value": "OF"} | evidence → |
| valuation | {"basis": "securitization", "amount": 180000000, "source": "MAI", "currency": "USD", "source_label": "Appraisa | evidence → |
| valuation | {"basis": "securitization", "amount": 125700000, "source": "MAI", "currency": "USD", "source_label": "Appraisa | evidence → |
| year built | {"value": 2006, "renovated": 2020} | evidence → |