facebook
Traded Co logo
Submit

Jasko Development And Zelman Real Estate Secure $60 Million Construction Loan For East Hartford Multifamily

Property Image
FINANCED
$60,000,000
Seth Weissman
Charlie Brosens
+ 1

Connecticut

See Similar Deals
MultiFamily319,072 SF
Financed 06/13/2025
the dealplayerscompscontact
Property Image
FINANCED

Jasko Development And Zelman Real Estate Secure $60 Million Construction Loan For East Hartford Multifamily

946 Silver Lane

See Similar Deals
MultiFamily319,072 SF
Financed 06/13/2025
Seth Weissman
Charlie Brosens
+ 1
Contact now

Summary

CONNECTICUT
Asset Type:MultiFamily
Price Per Square Foot:$188
Total Square Footage:319,072 SF
Transaction Type:Loan

The property involved in this transaction is a multifamily asset located at 946 Silver Lane in East Hartford, CT. The building encompasses a total square footage of 319,072 and consists of 309 units, which indicates its capacity for residential occupancy. The transaction represents a construction loan amounting to $60,000,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $60,000,000
  • Address: 946 Silver Lane
  • Market: East Hartford, CT
  • Asset Type: Multifamily
  • Square Footage: 319,072
  • Units: 309
  • Lender: Charlie Brosens, Seth Weissman & Sam Hollander - Urban Standard Capital
  • Landlord: Avner Krohn & Uriel Schatz - Jasko Development; Brian Zelman - Zelman Real Estate
  • Broker: Adrian Edery - Paradigm Commercial Real Estate

The key individuals involved in this transaction include the lenders Charlie Brosens, Seth Weissman, and Sam Hollander from Urban Standard Capital. The landlords, Avner Krohn and Uriel Schatz from Jasko Development, along with Brian Zelman from Zelman Real Estate, represent the ownership side of the deal. Adrian Edery from Paradigm Commercial Real Estate acted as the broker for this transaction.

Players

Adrian Edery
40 deals$660.7M volume(516) 204-2668
BROKER

Paradigm Commercial Real Estate
BROKERAGE


Seth Weissman
Urban Standard Capital
56 deals$590.5M volume
ORIGINATOR

Charlie Brosens
Urban Standard Capital
32 deals$484.4M volume(917) 388-2300
ORIGINATOR

Sam Hollander
Urban Standard Capital
7 deals$109.9M volume
ORIGINATOR

Details

FINANCED
IMAGE: Charlie Brosens, Seth Weissman, Sam Hollander, Adrian Edery, Brian Zelman, Uriel Schatz & Avner Krohn DATE: 6/13/2025 ADDRESS: 946 Silver Lane MARKET: East Hartford, CT ASSET TYPE: Multifamily ~ SF: 319,072 ~ UNITS: 309 LENDER: Charlie Brosens, Seth Weissman (@SjWeissman) & Sam Hollander - Urban Standard Capital (@USC_NYC) LANDLORD: Avner Krohn & Uriel Schatz - Jasko Development; Brian Zelman - Zelman Real Estate BROKER: Adrian Edery ([email protected] ) - Paradigm Commercial Real Estate (@Paradigm.CRE) LOAN AMOUNT: $60,000,000 LOAN TYPE: Construction

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$60,000,000.00

Monthly NOI$400,000.00
Monthly Debt Service$379,240.81
Change in Cash Flow$0.00
Refinance Proceeds$0.00