Updated Aug 21, 2026
Daniel Spiegel & Yehuda Kotkes Of KS Group Secure $60,006,000 Loan From Jonathan Zamir Of Keystone Equities
151 Raymond Boulevard
$60,006,000
Building Size
—
Asset Type
Industrial
Closing
Aug 12, 2026
About this deal
AI
The property asset involved in this transaction is an industrial type located at 151 Raymond Boulevard in Newark, NJ. The total loan amount for this acquisition is $60,006,000, with a loan term of 2 years.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $60,006,000
- Lender: Jonathan Zamir - Keystone Equities
- Borrower: Daniel Spiegel & Yehuda Kotkes - KS Group
- Broker Representatives: Shlomo Weissberg & Judah Hammer - CBRE
This transaction highlights the successful collaboration between the involved parties, particularly emphasizing CBRE’s commitment to client advocacy and innovative financing solutions. Keystone Equities effectively navigated the complexities of the deal, demonstrating a proactive approach to overcoming challenges that other lenders may have found difficult to address.
On the Map
$60,006,000
Industrial
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Players
Newark Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93