Kyle Shea Of Stormfield Capital Provides $7.3 Million Bridge Loan For Multifamily Asset In New Britain

The property asset is located at 700 Ellis Street in New Britain, CT. It is a multifamily asset comprising 84 units and has a total square footage of 86,788. The loan amount for this transaction is $7,300,000, utilized as a bridge loan.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,300,000
• Loan Type: bridge
• Lender: Kyle Shea - Stormfield Capital
• Broker: Abe Mann - Mann Capital Advisors

Kyle Shea, representing Stormfield Capital, facilitated the loan for this multifamily asset. Abe Mann from Mann Capital Advisors acted as the broker for this transaction, navigating the deal's requirements and ensuring all parties were aligned throughout the process.