Sheridan Capital Provides $11.5 Million Bridge Loan For Multifamily Property In New Haven, CT

The property asset involved in the transaction is a multifamily asset located at 3 Long Wharf Drive in New Haven, CT, encompassing a square footage of 104,072. The loan amount secured for this asset is $11,500,000, classified as a bridge loan.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $11,500,000
• Lender: Sheridan Capital
• Broker: Yael Ishakis - FM Capital
• Market: New Haven, CT

The key individuals involved in this deal include Yael Ishakis, representing FM Capital as the broker. Sheridan Capital is noted as the lender facilitating the bridge loan for this transaction, indicating an involvement in short-term financing solutions.