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101 Market Street

Allen Weinstein & Daryl Hagler Of CDK Capital Provide $36.7M Refinance Loan For Land In Newark NJ
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

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:

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.

Players

David Bollag

Meridian Capital Group

Broker

$1.2B

vol

34 deals

Broker

Daryl Hagler

CDK Capital

Lender

$484.5M

vol

9 deals

Lender
CC
CDK CapitalLender

Ron Beit

RBH Group

Landlord

$36.7M

vol

1 deal

Landlord

Newark Land Market Snapshot

Boundary boundary · Land · Loan transactions

Loading comparables…

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