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KS Group Secures $60.6 Mill...

Updated Aug 24, 2026

KS Group Secures $60.6 Million Bridge Loan From Keystone Equities For Newark Industrial Site
SOLD

KS Group Secures $60.6 Million Bridge Loan From Keystone Equities For Newark Industrial Site

Building Size

—

Asset Type

—

Closing

Aug 17, 2026

About this deal

AI

The asset involved in this transaction is a 51-acre industrial site located at 151 Raymond Boulevard, Newark, NJ. The property encompasses 2,221,560 square feet and has been secured under a senior bridge loan amounting to $60,600,000.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $60,600,000
  • Lender: Keystone Equities
  • Borrower: KS Group
  • Landlord's Representative: Shlomo Weissberg - CBRE
  • Loan Type: Bridge
  • Loan Terms: 18 months

Keystone Equities has successfully closed this transaction, marking it as their 16th deal and contributing to over $650 million in capital deployed in the last 36 months. The company is noted for actively deploying capital across the country and emphasizes their capability in managing various complexities within transactions.

Players

Shlomo Weissberg

CBRE

Broker

$645.1M

vol

20 deals

Broker
KG
KS GroupBuyer
Bilt advertisement

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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