William Cote And David Parisier Secure $130 Million Loan For 398-unit Multifamily Property In New Haven

The asset involved in this transaction is a multifamily property located at 201 Munson Street, New Haven, CT, comprising 398 units. The loan amount associated with this property is $130,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $130,000,000
• Units: 398
• Lender: Mavik CapitalManagement & MF1 Capital
• Landlord: William Cote - Hudson Meridian Construction Group & David Parisier - Paredim Partners
• Loan Structure: $110 million senior loan from MF1 and $20 million in preferred equity from Mavik Capital Management

This transaction involved key figures in the real estate and finance sectors, specifically William Cote, representing Hudson Meridian Construction Group, and David Parisier, representing Paredim Partners. They collaborated to secure financial resources for the recapitalization of Axis 201, a luxury multifamily property situated near Yale University in New Haven, Connecticut.