Verstavo
Start free trial
Home › Buildings › DE › 500 DELAWARE AVE

500 DELAWARE AVE

500 Delaware Avenue · Wilmington, DE 19801
Every loan the CMBS tape reports against this building, as each trust filed it. A building is the grain here, not the loan: this one is collateral in 7 separate trusts, and the slices below are the pieces of its debt, not four different buildings.
Debt outstanding
$85M
Loan slices
7
Trusts
7
Type
Office
Square feet
371,222
Year built
2006 · renovated 2020
What this page does not have
No trust filed a debt service coverage ratio for this property.
No trust filed net operating income for this property.
The debt, slice by slice
TrustBalanceRateMatures DSCRNOIOccupancy OriginatorServicerSpecial servicing
3650R 2022-PF2 Commercial Mortgage Trust · asset 15 $20M 4.84% fixed 2032-05-05 — — — 3650 Real Estate Investment Trust 2 LLC Midland Loan Services No
BMO 2024-C10 Mortgage Trust · asset 17 $20M 4.84% fixed 2032-05-05 — — — 3650 Real Estate Investment Trust 2 LLC Midland Loan Services No
BBCMS Mortgage Trust 2023-C21 · asset 17 $15M 4.84% fixed 2032-05-05 — — — 3650 Real Estate Investment Trust 2 LLC — No
BBCMS Mortgage Trust 2025-5C37 · asset 24 $10M 4.84% fixed 2032-05-05 — — — 3650 Real Estate Investment Trust 2 LLC Midland Loan Services No
BMO 2025-5C9 Mortgage Trust · asset 22 $8M 4.84% fixed 2032-05-05 — — — 3650 Real Estate Investment Trust 2 LLC Midland Loan Services No
BMO 2025-5C13 Mortgage Trust · asset 25 $7M 4.84% fixed 2032-05-05 — — — 3650 Real Estate Investment Trust 2 LLC Midland Loan Services No
Benchmark 2024-V9 Mortgage Trust · asset 29 $5M 4.84% fixed 2032-05-05 — — — 3650 Real Estate Investment Trust 2 LLC Midland Loan Services No
Named tenants
TenantSquare feetLease expires
Wilmington Savings Fund Society, FSB81,1542025-12-31
Wilmington Savings Fund Society, FSI74,4212039-12-31
Morris James LLP68,5532026-05-31
Sargent & Lundy, LLC47,4412027-10-31
The asset-level exhibit names up to three tenants per slice; where the trusts name different ones, all of them are listed.
See the whole picture, not just the pulse.
Metro Pulse is the free, public read. The Verstavo platform goes loan‑by‑loan — stress scores, maturity walls, special‑servicing transfers, bank CRE, and your own portfolio benchmarked against the market.
Get started free → Sign in