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DLC Management And DRA Advisors Landlords Secure $430M Acquisition Loan In Cerritos CA

Property Image
FINANCED
$430,000,000
Jordan (Jordy) Roeschlaub
Nick Scribani
+ 3

California

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Retail1,933,822 SF
Financed 10/09/2025
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Property Image
FINANCED

DLC Management And DRA Advisors Landlords Secure $430M Acquisition Loan In Cerritos CA

Retail1,933,822 SF
Financed 10/09/2025
Jordan (Jordy) Roeschlaub
Nick Scribani
+ 3
Contact now

Summary

Asset Type:Retail
Price Per Square Foot:$222
Total Square Footage:1,933,822 SF
Transaction Type:Loan

The asset involved in the transaction is a retail property located in Cerritos, CA, encompassing a total square footage of 1,933,822. The acquisition loan for this property amounts to $430,000,000.

Summary of transaction details:

The deal includes key individuals such as Bill Rodgers Jr. and Richard Fairbank representing the lending entities. The partnership also involves Adam Ifshin overseeing the landlord's interests, alongside DRA Advisors represented by David Luski and Brett Gottlieb. The representation for the landlord was facilitated by a team from Newmark, highlighting the collaborative effort in this acquisition process.

Players

Adam Doneger
189 deals$50B volume(516) 317-7837
BROKER

Nick Scribani
Newmark
191 deals$55.1B volume(212) 372-2113
BROKER

Jordan (Jordy) Roeschlaub
Newmark
321 deals$96.2B volume
BROKER

John Caraviello
Newmark
21 deals$10.7B volume
BROKER

Capital One
LENDER



David Luski
DRA Advisors
33 deals$3.3B volume
LANDLORD


DRA Advisors
LANDLORD

Details

FINANCED
IMAGE: John Caraviello, Nick Scribani, Jordan Roeschlaub, Adam Doneger, Adam Ifshin, Brett Gottlieb, David Luski, Bill Rodgers Jr. & Richard Fairbank DATE: 10/09/2025 MARKET: Cerritos, CA ASSET TYPE: Retail ~ SF: 1,933,822 LENDER: Bill Rodgers Jr. - Truist (@Truist) & Richard Fairbank - Capital One (@CapitalOne) LANDLORD: Adam Ifshin - DLC Management; David Luski & Brett Gottlieb - DRA Advisors LANDLORD'S REP: Jordan Roeschlaub (@JordyRoeschlaub), John Caraviello (@JonnyCarvs), Nick Scribani (@ScribSays) & Adam Doneger (@ADoneger) - Newmark (@Newmark) LOAN AMOUNT: $430,000,000 LOAN TYPE: Acquisition

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$430,000,000.00

Monthly NOI$2,866,666.67
Monthly Debt Service$2,717,892.50
Change in Cash Flow$0.00
Refinance Proceeds$0.00