Dave Berg, Steve Kassin & Daniel Gluck Secure $96M Refinance Loan For Multifamily At 4701 Pine Street
FINANCED
$96,000,000
Pennsylvania
See Similar DealsMultiFamily
Financed 09/09/2025
FINANCED
Dave Berg, Steve Kassin & Daniel Gluck Secure $96M Refinance Loan For Multifamily At 4701 Pine Street
4701 Pine Street
See Similar DealsMultiFamily
Financed 09/09/2025
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
LENDER
LANDLORD
LANDLORD
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
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
Is there something missing? Send suggestions