Lument Provides $26M Loan For Multifamily Property At 195 Sigourney St, Hartford, CT

The multifamily property located at 195 Sigourney St in Hartford, CT has recently been involved in a significant transaction. The property consists of 591 units and is a noteworthy asset in the market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $26,000,000
• Address: 195 Sigourney St, Hartford, CT
• Market: Hartford, CT
• Units: 591

In this transaction, the lender responsible for providing the financing is lument''>Lument, represented by Josh Messier. The loan amount obtained for this deal is $26,000,000. The loan terms include a 10-year term, with the first five years being interest only. The amortization schedule spans over 30 years.

This transaction highlights the collaboration between Lument, led by Josh Messier, and the property owner. The financing provided by Lument plays a crucial role in facilitating the acquisition of the multifamily property at 195 Sigourney St in Hartford, CT.