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Cushman & Wakefield Secures $28.7 Million Loan For Manassas Mall In Virginia With Lionheart Capital

Property Image
FINANCED
$28,700,000
Robert Kaplan
Mark Rutherford
+ 2

Virginia

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Retail941,574 SF
Financed 06/19/2025
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Property Image
FINANCED

Cushman & Wakefield Secures $28.7 Million Loan For Manassas Mall In Virginia With Lionheart Capital

8300 Sudley Road

See Similar Deals
Retail941,574 SF
Financed 06/19/2025
Robert Kaplan
Mark Rutherford
+ 2
Contact now

Summary

VIRGINIA
Asset Type:Retail
Price Per Square Foot:$30
Total Square Footage:941,574 SF
Transaction Type:Loan

The asset involved in the transaction is a retail center located at 8300 Sudley Road, Manassas, VA, encompassing a total area of 941,574 square feet. The property has been secured through a loan amounting to $28,700,000.

Summary of transaction details:

The transaction involved key representatives from Cushman & Wakefield, including Robert Kaplan, Mark Rutherford, Michael Zelin, Bindi Shah, and Ryan McMahon, facilitating the bridge financing deal for Manassas Mall. Lionheart Capital acted as the borrower in this transaction, with funding provided by Ardent Cos., highlighting the collaborative efforts between various firms involved in the financing process.

Players

Robert Kaplan
6 deals$461.9M volume
BROKER

Mark Rutherford
Cushman & Wakefield
5 deals$184.4M volume
BROKER

Michael Zelin
Cushman & Wakefield
7 deals$641.1M volume
BROKER

Bindi Shah
Cushman & Wakefield
4 deals$271.8M volume(202) 463-2100
BROKER

Ryan McMahon
Cushman & Wakefield
1 deal$28.7M volume(703) 402-3721
BROKER

Cushman & Wakefield
BROKERAGE


Details

FINANCED
IMAGE: 06/19/2025 ADDRESS: 8300 Sudley Road MARKET: Manassas, VA ASSET TYPE: Retail ~ SF: 941,574 BROKERS: Robert Kaplan, Mark Rutherford, Michael Zelin, Bindi Shah & Ryan McMahon - Cushman & Wakefield LOAN AMOUNT: $28,700,000 NOTE: Cushman & Wakefield secured $28.7 million in bridge financing for Manassas Mall, a 941,574-square-foot retail center in Virginia, with Lionheart Capital as the borrower. The deal was facilitated by Cushman & Wakefield’s teams in Miami and D.C., with Ardent Cos. providing the funding.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$28,700,000.00

Monthly NOI$191,333.33
Monthly Debt Service$181,403.52
Change in Cash Flow$0.00
Refinance Proceeds$0.00