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

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.