Updated Aug 4, 2026
FINANCEDLand
Allen Weinstein & Daryl Hagler Of CDK Capital Provide $36.7M Refinance Loan For Land In Newark NJ
101 Market Street
$36,700,000
Building Size
—
Asset Type
Land
Closing
Jul 15, 2026
About this deal
AI
The property asset involved in this transaction is a land parcel located at 101 Market Street in Newark, NJ. The refinance loan amount for this asset is $36,700,000.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $36,700,000
- Lender: Allen Weinstein & Daryl Hagler - CDK Capital
- Landlord: Ron Beit - RBH Group
- Broker: David Bollag - Meridian Capital Group
- Loan Type: Refinance
- Date of Transaction: 07/15/2026
The key individuals involved in this transaction include Allen Weinstein and Daryl Hagler, representing the lender CDK Capital. Ron Beit, representing the landlord RBH Group, is also notable in this deal. David Bollag serves as the broker from Meridian Capital Group, facilitating the transaction.
On the Map
$36,700,000
Land
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93