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David Luski Of DRA Advisors And Daniel Katz Of KPR Centers Secures $415M Refinance Loan In Trexlertown PA

Property Image
FINANCED
$415,000,000
Jordan (Jordy) Roeschlaub
Nick Scribani
+ 4

Pennsylvania

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Retail2,487,816 SF
Financed 01/22/2026
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Property Image
FINANCED

David Luski Of DRA Advisors And Daniel Katz Of KPR Centers Secures $415M Refinance Loan In Trexlertown PA

Retail2,487,816 SF
Financed 01/22/2026
Jordan (Jordy) Roeschlaub
Nick Scribani
+ 4
Contact now

Summary

Asset Type:Retail
Price Per Square Foot:$166
Total Square Footage:2,487,816 SF
Transaction Type:Loan

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:

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.

Players

Adam Doneger
189 deals$50B volume(516) 317-7837
BROKER

Nick Scribani
Newmark
191 deals$55.1B volume(212) 372-2113
BROKER

Jordan (Jordy) Roeschlaub
Newmark
321 deals$96.2B volume
BROKER

John Caraviello
Newmark
21 deals$10.7B volume
BROKER

Dan Axelson
Newmark
3 deals$860M volume
BROKER

HPS Investment Partners
LENDER


Daniel Katz
KPR Centers
9 deals$700.1M volume
LANDLORD

David Luski
DRA Advisors
33 deals$3.3B volume
LANDLORD

Details

FINANCED
IMAGE: Jordan Roeschlaub, Nick Scribani, David Luski, Scott Kapnick, Daniel Katz, Adam Doneger, John Caraviello & Dan Axelson DATE: 1/23/2026 MARKET: Trexlertown, PA ASSET TYPE: Retail ~ SF: 2,487,816 LENDER: Scott Kapnick - HPS Investment Partners LANDLORD: David Luski - DRA Advisors & Daniel Katz - KPR Centers LANDLORD'S REP: Jordan Roeschlaub (@JordyRoeschlaub), Nick Scribani (@ScribSays), John Caraviello (@JonnyCarvs), Dan Axelson & Adam Doneger - Newmark (@Newmark) LOAN AMOUNT: $415,000,000 LOAN TYPE: Refinance @DRAAdvisors

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$415,000,000.00

Monthly NOI$2,766,666.67
Monthly Debt Service$2,623,082.30
Change in Cash Flow$0.00
Refinance Proceeds$0.00