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15 Abbey Lane

Ben Friedman Of Abacus Capital Group Secures $111.4 Million Refinance Loan For 470-Unit Multifamily
FINANCEDMultiFamily

Ben Friedman Of Abacus Capital Group Secures $111.4 Million Refinance Loan For 470-Unit Multifamily

15 Abbey Lane

$111,400,000

Units

470

Asset Type

MultiFamily

Closing

Apr 15, 2026

AI

The asset is a multifamily property located at 15 Abbey Lane in Danbury, CT, comprising a total of 470 units. The transaction involved a refinance loan amounting to $111,400,000, facilitated by Fannie Mae.

Summary of transation details:

Key individuals involved in this transaction include Ben Friedman, representing Abacus Capital Group as the landlord. The brokers facilitating the deal are Rob Cantizano, Gregory Primiano, and Deric Obeldobel, all affiliated with Newmark.

Players

Rob Cantizano

Newmark

Broker

$178.9M

vol

2 deals

Broker
Fannie Mae
Fannie MaeLender
Abacus Capital Group
Abacus Capital GroupLandlord

Danbury 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

0.14%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93