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PCCP And Lincoln Equities Group Secure $45 Million Refinance For Lincoln Logistics Center In Valley Cottage

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FINANCED
$45,000,000
Keith Kurland
Ari Hirt
+ 5

New York

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Industrial220,000 SF
Financed 10/15/2025
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Property Image
FINANCED

PCCP And Lincoln Equities Group Secure $45 Million Refinance For Lincoln Logistics Center In Valley Cottage

621 Corporate Way

See Similar Deals
Industrial220,000 SF
Financed 10/15/2025
Keith Kurland
Ari Hirt
+ 5
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$204
Total Square Footage:220,000 SF
Transaction Type:Loan

The asset involved in this transaction is an industrial property located at 621 Corporate Way in Valley Cottage. It encompasses a total square footage of 220,000. The refinancing amount secured for this property is $45 million, reflecting its value in the current market.

Summary of transaction details:

PCCP and Lincoln Equities Group were responsible for securing the refinancing deal for the Lincoln Logistics Center, with Rialto Capital Management providing the financing. Walker & Dunlop facilitated the arrangement of this significant deal involving multiple brokers in the process.

Players

Aaron Appel
190 deals$31.9B volume
BROKER

Ari Hirt
Walker & Dunlop
28 deals$3.1B volume(301) 215-5500
BROKER

Jonathan Schwartz
Walker & Dunlop
165 deals$26.9B volume
BROKER

Keith Kurland
Walker & Dunlop
170 deals$29.1B volume
BROKER

Adam Schwartz
Walker & Dunlop
160 deals$25.4B volume(646) 491-8869
BROKER

Stanley Cayre
Walker & Dunlop
11 deals$2B volume(917) 613-8038
BROKER

Walker & Dunlop
BROKERAGE

Jeff Krasnoff
Rialto Capital Management
10 deals$427.5M volume
LENDER


Joel Bergstein
6 deals$407M volume
LANDLORD


PCCP
LANDLORD

Details

FINANCED
IMAGE: Aaron Appel, Jonathan Schwartz, Joel Bergstein, Jeff Krasnoff, Keith Kurland, Adam Schwartz, Ari Hirt & Stanley Cayre DATE: 10/15/2025 ADDRESS: 621 Corporate Way MARKET: Valley Cottage ASSET TYPE: Industrial ~ SF: 220,000 LENDER: Jeff Krasnoff - Rialto Capital Management LANDLORD: PCCP & Joel Bergstein - Lincoln Equities Group BROKERS: Aaron Appel, Jonathan Schwartz (@JSchwa1386), Keith Kurland (@KaKurland), Adam Schwartz (@AdamSchwartz88), Ari Hirt & Stanley Cayre (@stanley_Cayre) - Walker & Dunlop (@WalkerDunlop) LOAN AMOUNT: $45,000,000 LOAN TYPE: Refinance NOTE: PCCP and Lincoln Equities Group secured a $45 million refinancing for the newly completed Lincoln Logistics Center in Valley Cottage, N.Y., with Rialto Capital Management providing the debt and Walker & Dunlop arranging the deal.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$45,000,000.00

Monthly NOI$300,000.00
Monthly Debt Service$284,430.61
Change in Cash Flow$0.00
Refinance Proceeds$0.00