Updated Aug 18, 2026
Deutsche Bank Provides $22,850,000 Refinance Loan For Multifamily Asset In York PA
1700 Yorktowne Drive
$22,850,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 1, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily asset located at 1700 Yorktowne Drive in York, PA. The loan amount for the refinancing of this asset is $22,850,000, facilitated by Deutsche Bank.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $22,850,000
- Lender: Deutsche Bank
- Landlord's Representative: Jacob Schmuckler, Louis Halperin & Morris Betesh - Arrow Real Estate Advisors
- Date of Transaction: 07/01/2026
This transaction highlights the participation of Jacob Schmuckler, Louis Halperin, and Morris Betesh, all of whom are associated with Arrow Real Estate Advisors representing the landlord in this deal.
Players
York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93