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Trexlertown

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

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

$415,000,000

$166/SF

Building Size

2,487,816 SF

Asset Type

Retail

Closing

Jan 22, 2026

AI

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

Newmark

Broker

$50.1B

vol

190 deals

Broker
HPS Investment Partners
HPS Investment PartnersLender
Daniel Katz

Daniel Katz

KPR Centers

Landlord

$700.1M

vol

9 deals

Landlord

Market Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.04%

Cash-on-Cash

-0.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93