CDK Capital Provides $10 Million Loan For Skilled Nursing Facility Acquisition In Beaver PA

The transaction involved a skilled nursing facility located at 246 Friendship Circle in Beaver, PA. The facility encompasses 589 beds and was involved in an acquisition loan amounting to $10,000,000.

Summary of transaction details:

• Property Type: Skilled Nursing Facility
• Transaction Amount: $10,000,000
• Lender: Allan Weinstein, Aron Gittleson & Daryl Hagler – CDK Capital
• Brokers: David Bollag & David Hayum - Meridian Capital Group
• Loan Type: Acquisition of a 589-bed skilled nursing facility
• Loan Closure: Loan closed in 5 days over Thanksgiving weekend

Key individuals involved in the transaction include the lenders Allan Weinstein, Aron Gittleson, and Daryl Hagler from CDK Capital, along with brokers David Bollag and David Hayum from Meridian Capital Group, representing the parties in the acquisition process.