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122 Park Street

Constitution Management Secures $12.3 Million Loan From Kawa Capital For Bristol Multifamily Acquisition
FINANCEDMultiFamily

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

Jacob Kaufman

HKS Real Estate Advisors

Broker

$303.3M

vol

12 deals

Broker
Kyle O’Hehir

Kyle O’Hehir

Constitution Management

Buyer

$12.3M

vol

1 deal

Buyer
Kawa Capital Management
Kawa Capital ManagementLender

Bristol MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

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