CDK Capital Provides $10 Million Loan For Skilled Nursing Facility Acquisition In Beaver PA
FINANCED
$10,000,000
Pennsylvania
See Similar DealsNursing Home
Financed 12/01/2025
FINANCED
CDK Capital Provides $10 Million Loan For Skilled Nursing Facility Acquisition In Beaver PA
246 Friendship Circle
See Similar DealsNursing Home
Financed 12/01/2025
Summary
PENNSYLVANIA
Asset Type:Nursing Home
Transaction Type:Loan
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.
Players
LENDER
LENDER
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$10,000,000.00
Monthly NOI$66,666.67
Monthly Debt Service$63,206.80
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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