Alpha Capital Funds Acquires Multifamily Property In Middletown, CT For $4.25M Loan | 80 Hillside Avenue | Stormfield Capital | John Libretti | MultiFamily | Loan

Summary

Loan

CONNECTICUT

MultiFamily

43,000 sqft

Alpha Capital Funds has secured a construction loan of $4,250,000 for a multifamily property in Middletown, CT. The property, located at 65, 75, and 80 Hillside Ave & 187-193 East Main St, spans approximately 43,000 square feet and comprises 49 units. The loan was provided by Stormfield Capital, represented by Kyle Shea.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $4,250,000
Address: 65, 75, 80 Hillside Ave & 187-193 East Main St
Market: Middletown, CT
Square Footage: 43,000
Units: 49

John Libretti from Progress Capital represented the borrower, Alpha Capital Funds, in this transaction. Kyle Shea served as the lender's representative for Stormfield Capital.

Players

All
3

Agents
1
Agencies
1
Lenders
1

$3M Sold

Details

Deal Summary

FINANCED

IMAGE: Kyle Shea, John Libretti & Tyler Smith DATE: 03/31/2023 ADDRESS: 65, 75, 80 Hillside Ave & 187-193 East Main St MARKET: Middletown, CT ASSET TYPE: Multifamily ~ SF: 43,000 ~ UNITS: 49 LENDER: Stormfield Capital (@StormfieldCapital) - Kyle Shea LANDLORD: Alpha Capital Funds (@AlphaCapitalFunds) - Tyler Smith BROKER: John Libretti (@johnlibretti) - Progress Capital (@Progress.Capital) LOAN AMOUNT: $4,250,000 LOAN TYPE: Construction

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Address80 Hillside Avenue

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