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920 Farmington Avenue

Avner Krohn & Uriel Schatz Of Jasko Development Secures $23.35M Bridge Loan For Mixed-Use Asset
FINANCEDMixed-use

Avner Krohn & Uriel Schatz Of Jasko Development Secures $23.35M Bridge Loan For Mixed-Use Asset

920 Farmington Avenue

$23,350,000

Building Size

Asset Type

Mixed-use

Closing

Mar 30, 2026

AI

The asset involved in the transaction is a mixed-use property located at 920 Farmington Avenue in West Hartford, CT. The property comprises 48 units and has a loan amount of $23,350,000 with a bridge loan type.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $23,350,000
  • Lender: Steve Gordon & Jeremy Berger - Pearlmark
  • Landlord: Avner Krohn & Uriel Schatz - Jasko Development
  • Brokers: Adrian Edery & Josh Eliassian - Two50 Capital Group
  • Date: 3/31/2026

Key individuals in this transaction include lenders Steve Gordon and Jeremy Berger from Pearlmark, and landlords Avner Krohn and Uriel Schatz from Jasko Development. The brokerage was represented by Adrian Edery and Josh Eliassian from Two50 Capital Group.

Players

Adrian Edery

Two50 Capital Group

Broker

$660.7M

vol

40 deals

Broker
P
PearlmarkLender

West Hartford Mixed-use Market Snapshot

Boundary boundary · Mixed-use · 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