CDK Capital

Overview

CDK Capital is a New York lender specialising in pre-development and bridge financing. It provided the $52 million pre-development loan behind CW Realty's August 2026 acquisition of 55 Smith Street in Downtown Brooklyn — a loan recorded under the vehicle name CDK Capital XIX LLC and assigned on to Valley National Bank eleven days later. The same pattern recurs outside Brooklyn: PincusCo reported CDK signing a $65.8 million acquisition loan with Valley for an under-construction project in Ridgewood, Queens.

Source: CDK Capital

Transactions Tracked

55 Smith Street Acquisition (Jul. 2026) $52M originated

Prior Lienholder

Named as party2 (lender) on the original $52,000,000 acquisition mortgage, then as party1 (assignor) on the assignment to Valley National Bank eleven days later. The amount is credited to Valley National, the current holder.

Known Entity Names on ACRIS Records

• CDK Capital XIX LLC — Lending vehicle recorded on the 55 Smith Street mortgage CDK Capital's own account of this loan gives the same amount, the same address and the same lending role as the recorded ACRIS mortgage. A numbered vehicle of the firm, not a separate lender.
• CDK Capital Group — Name used in trade coverage The name Traded.co uses for the same firm in its record of the 55 Smith Street loan, which gives Daryl Hagler and Allen Weinstein as the principals.

Sources

1. CDK Capital — CDK Capital
2. Daryl Hagler, CDK Capital sign $65.8M acquisition loan with Valley for under-construction project in Ridgewood — PincusCo
3. ACRIS Document Detail -- mortgage, $52,000,000 — NYC ACRIS