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2200 Lifestyle Lane

DLP Capital Secures $23.27 Million Refinance Loan From Freddie Mac For Kutztown Student Housing
FINANCEDStudent Housing

DLP Capital Secures $23.27 Million Refinance Loan From Freddie Mac For Kutztown Student Housing

2200 Lifestyle Lane

$23,274,000

Building Size

Asset Type

Student Housing

Closing

Sep 29, 2025

AI

The property asset is located at 2200 Lifestyle Lane in Kutztown, PA, and is classified as student housing. The transaction involves a refinance loan with a total amount of $23,274,000 and a term of 5 years.

Summary of transaction details:

  • Property Type: Student Housing
  • Transaction Amount: $23,274,000
  • Lender: Freddie Mac
  • Landlord: DLP Capital
  • Loan Type: Refinance
  • Loan Terms: 5 years
  • Date of Transaction: 9/30/2025

Key individuals involved in this transaction include Don Wenner, representing the deal, and DLP Capital as the landlord overseeing the property.

Players

Freddie Mac
Freddie MacLender

Don Wenner

Landlord

$103.8M

vol

4 deals

Landlord

Kutztown Student Housing Market Snapshot

Boundary boundary · Student Housing · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.68%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93