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

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FINANCED
$10,000,000
David Bollag

Pennsylvania

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Nursing Home
Financed 12/01/2025
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FINANCED

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

246 Friendship Circle

See Similar Deals
Nursing Home
Financed 12/01/2025
David Bollag
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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

David Bollag
29 deals$928.7M volume
BROKER

David Hayum
Meridian Capital Group
21 deals$877.7M volume
BROKER


LENDER


Details

FINANCED
IMAGE: David Bollag, David Hayum, Daryl Hagler & Allan Weinstein DATE: 12/1/2025 ADDRESS: 246 Friendship Circle - Brighton Rehabilitation & Wellness Center MARKET: Beaver, PA ASSET TYPE: Skilled Nursing Facility LENDER: Allan Weinstein, Aron Gittleson & Daryl Hagler – CDK Capital BROKERS: David Bollag (@DaveBollag) & David Hayum - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $10,000,000 LOAN TYPE: Acquisition of a 589-bed skilled nursing facility. BROKER'S NOTE: Loan closed in 5 days over Thanksgiving weekend.

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Deal Type
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