facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Connecticut

/

Multifamily

/

Loan

/

Asylum Hill

Amalgamated Bank Provides $8,500,000 Refinance Loan For Hartford Multifamily Asset
FINANCEDMultiFamily

Amalgamated Bank Provides $8,500,000 Refinance Loan For Hartford Multifamily Asset

$8,500,000

$69/SF

Building Size

122,129 SF

Asset Type

MultiFamily

Closing

Mar 17, 2026

AI

The property asset involved in this transaction is a multifamily building located in Asylum Hill, Hartford, CT. It features a total square footage of 122,129 and comprises 103 units. A loan amount of $8,500,000 has been arranged for a refinance transaction concerning this asset.

Summary of transaction details:

This transaction involves key individuals including Jacob Schmuckler and Meir Schlusselberg, who represent the landlord through Arrow Real Estate Advisors. Amalgamated Bank serves as the lender for the refinance loan facilitated for the property.

Players

Meir Schlusselberg

Arrow Real Estate Advisors

Broker

$511.7M

vol

27 deals

Broker
Amalgamated Bank
Amalgamated BankLender

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.87%

Cash-on-Cash

-0.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93