Arrow Real Estate Advisors arranged a $70.25 million loan on behalf of The Buccini Pollin Group for The Press, a newly delivered luxury multifamily property located at 801 N Orange Street in Downtown Wilmington, Delaware. The financing was arranged by Arrow’s Morris Betesh, Founder and Managing Partner, and Alex Bailkin, Senior Vice President, and provided by HPS/BlackRock. “We were pleased to secure a financing solution with HPS/BlackRock that aligned with the sponsor’s objectives and supports one of the most significant multifamily developments delivered in the Greater Philadelphia region in recent years,” said Betesh. Developed by The Buccini Pollin Group, The Press is located within Wilmington’s central business district. The property provides residents with direct access to the city’s growing collection of dining, retail, entertainment, and employment destinations. The property features a glass façade, floor-to-ceiling windows, premium interior finishes and a best-in-class amenity package.