Constitution Management Secures $12.3 Million Loan From Kawa Capital For Bristol Multifamily Acquisition
122 Park Street
$12,300,000
$223/SF
Building Size
55,000 SF
Asset Type
MultiFamily
Closing
Jun 30, 2026
AI
The property asset involved in this transaction is a multifamily unit located at 122 Park Street & 3 North Street in Bristol, CT. The total square footage of the asset is 55,000, comprising 97 units. The loan amount secured for the acquisition is $12,300,000, which is structured as a note sale and note financing.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $12,300,000
- Address: 122 Park Street & 3 North Street
- Market: Bristol, CT
- Asset Size: 55,000 SF
- Units: 97
- Lender: Kawa Capital
- Borrower: Constitution Management - Kyle O’Hehir
- Broker Representatives: Andrew Pilchick, Alex Dobosh & Jacob Kaufman - HKS Real Estate Advisors
- Loan Type: Acquisition
- Loan Terms: Note sale and note financing
Key individuals involved in the deal include Kyle O’Hehir representing Constitution Management, and brokers Andrew Pilchick, Alex Dobosh, and Jacob Kaufman from HKS Real Estate Advisors, who facilitated the transaction.
Players
Bristol MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93