Meridian Capital Group Arranges $8.15M Refinance Loan For Historic Multifamily Building In Hartford

The Hartford Carriage House, located at 111 Allyn St. in Hartford, CT, has recently undergone a conversion into a modern multifamily building consisting of 66 units. This transformation was made possible through the utilization of Connecticut State historic tax credits. The property, which has a historic charm, has been successfully refinanced in a closed transaction.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,150,000
• Loan Type: Refinance
• Market: Hartford, CT
• Brokers: David Oheb & Max Jacobson - Meridian Capital Group

The refinance of the Hartford Carriage House involved intercreditor agreements with a quasi-public government agency and a non-profit organization. Meridian Capital Group, one of America's most active real estate finance and advisory firms, facilitated this transaction. They have a robust portfolio, having closed over $55 billion in financing in 2022 across various property types, including multifamily, office, retail, hotel, mixed-use, industrial, and construction. David Oheb, a representative from Meridian Capital Group, can provide more information on how they can add value to your portfolio.