David Luski Of DRA Advisors And Daniel Katz Of KPR Centers Secures $415M Refinance Loan In Trexlertown PA
Pennsylvania
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The property asset involved in this transaction is a retail space situated in Trexlertown, PA, encompassing a total square footage of 2,487,816. The loan amount for this asset is $415,000,000, structured as a refinance.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $415,000,000
- Lender: Scott Kapnick - HPS Investment Partners
- Landlord: David Luski - DRA Advisors & Daniel Katz - KPR Centers
- Landlord's Representative: Jordan Roeschlaub, Nick Scribani, John Caraviello, Dan Axelson & Adam Doneger - Newmark
- Loan Type: Refinance
The transaction highlights key players including Scott Kapnick, who serves as the lender, and the landlords David Luski and Daniel Katz, representing DRA Advisors and KPR Centers respectively. The landlord's representation is comprised of a team from Newmark including Jordan Roeschlaub, Nick Scribani, John Caraviello, Dan Axelson, and Adam Doneger.
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