Daryl Hagler, Allen Weinstein & Aron Gittleson Of CDK Lending Provide $11.7M Construction Loan In Eatontown
260 Industrial Way West
$11,700,000
$117/SF
Building Size
100,000 SF
Asset Type
Industrial
Closing
Dec 30, 2025
AI
The property asset involved in the transaction is an industrial property located at 260 Industrial Way West in the Eatontown market. This asset spans 100,000 square feet and is subject to a construction loan amounting to $11,700,000 with a term of 12 months.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $11,700,000
- Lender: Daryl Hagler, Allen Weinstein & Aron Gittleson - CDK Lending
- Landlord: Emmanuel Pollack
- Broker: Pinchas Vogel - Landstone Capital Group
The deal involves key individuals including Daryl Hagler and Allen Weinstein, who are part of CDK Lending, representing the lending side of the transaction. Emmanuel Pollack serves as the landlord for the property, while Pinchas Vogel represents the landlord through Landstone Capital Group in this deal.
Players
Eatontown 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
1.36%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93