Daryl Hagler & Allen Weinstein Of CDK Capital Group Arrange $18.5M Loan For Hotel Acquisition In Hauppauge
1717 Motor Parkway
$18,500,000
Building Size
—
Asset Type
Hotel
Closing
Jul 31, 2026
About this deal
AI
The asset involved in this transaction is a hotel located at 1717 Motor Parkway in Hauppauge. The loan amount for this acquisition is $18,500,000.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $18,500,000
- Loan Type: Acquisition
- Lender: Daryl Hagler & Allen Weinstein - CDK Capital Group; Josh Greene & Adam Glick - Maxim Capital
- Key: 358
The key individuals and companies involved in this transaction are Daryl Hagler and Allen Weinstein from CDK Capital Group, as well as Josh Greene and Adam Glick from Maxim Capital. They played significant roles as lenders in this acquisition loan transaction.
On the Map
$18,500,000
Hotel
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Players
Hauppauge Hotel Market Snapshot
Boundary boundary · Hotel · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93