Renovo Financial Provides $1.8M Construction Loan For Multifamily Property In Norwalk, CT

The property involved in this closed transaction is a multifamily asset located at 107 South Main Street in Norwalk, CT. The property has a total square footage of 8,512 and consists of 16 units. The transaction took place on 11/16/2021.

Summary of transaction details

• Property Type: Multifamily
• Market: Norwalk, CT
• Square Footage: 8,512
• Number of Units: 16

The lender for this transaction was Renovo Financial, providing a construction loan for a total amount of $1,800,000. The landlord involved in this deal is Jonathan Zarka. The brokers who facilitated this transaction were David May and Evan Boles from Progress Capital.