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Dave Berg, Steve Kassin & Daniel Gluck Secure $96M Refinance Loan For Multifamily At 4701 Pine Street

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FINANCED
$96,000,000

Pennsylvania

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MultiFamily
Financed 09/09/2025
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Property Image
FINANCED

Dave Berg, Steve Kassin & Daniel Gluck Secure $96M Refinance Loan For Multifamily At 4701 Pine Street

4701 Pine Street

See Similar Deals
MultiFamily
Financed 09/09/2025
Contact now

Summary

PENNSYLVANIA
Asset Type:MultiFamily
Transaction Type:Loan

The asset involved in this transaction is a multifamily property located at 4701 Pine Street in Philadelphia. The loan amount for this refinance transaction is $96,000,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $96,000,000
  • Lender: New York Life Investors
  • Landlord: Dave Berg, Steve Kassin & Daniel Gluck - Infinity Collective
  • Title Insurance: Jim Reichert - Kensington Vanguard National Land
  • Transaction Date: 09/09/2025

This transaction involved key individuals such as Dave Berg, Steve Kassin, and Daniel Gluck representing the landlord under the Infinity Collective. Jim Reichert provided title insurance through Kensington Vanguard National Land.

Players

7 deals$275.9M volume
BROKER

BROKERAGE


4 deals$211.9M volume
LANDLORD


Details

FINANCED
IMAGE: Dave Berg, Steve Kassin, Jim Reichert & Daniel Gluck DATE: 09/09/2025 ADDRESS: 4701 Pine Street MARKET: Philadelphia ASSET TYPE: Multifamily LENDER: New York Life Investors LANDLORD: Dave Berg (@DBerg9), Steve Kassin (@Steve_Kassin) & Daniel Gluck - Infinity Collective (@Infinity.Collective) TITLE INSURANCE: Jim Reichert - Kensington Vanguard National Land LOAN AMOUNT: $96,000,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$96,000,000.00

Monthly NOI$640,000.00
Monthly Debt Service$606,785.30
Change in Cash Flow$0.00
Refinance Proceeds$0.00