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S3 Capital Provides $7,250,000 Construction Loan For Berlin Multifamily Property With Adrian Edery & Josh Eliassian As Brokers

Property Image
FINANCED
$7,250,000
Steven Jemal
Robert Schwartz
Adrian Edery
+ 1

Connecticut

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MultiFamily32,060 SF
Financed 05/07/2026
the dealplayerscompscontact
Property Image
FINANCED

S3 Capital Provides $7,250,000 Construction Loan For Berlin Multifamily Property With Adrian Edery & Josh Eliassian As Brokers

MultiFamily32,060 SF
Financed 05/07/2026
Steven Jemal
Robert Schwartz
Adrian Edery
+ 1
the dealplayerscompscontact
Contact now

Summary

Asset Type:MultiFamily
Price Per Square Foot:$226
Total Square Footage:32,060 SF
Transaction Type:Loan

The asset involved in the transaction is a Multifamily property located in Berlin, CT, encompassing a total square footage of 32,060 and comprising 32 units. The loan amount secured for this property transaction is $7,250,000, which is designated for construction purposes.

Summary of transaction details:

Robert Schwartz and Steven Jemal from S3 Capital are the lenders facilitating this construction loan. Adrian Edery and Josh Eliassian from Two50 Capital Group represent the brokerage side of the transaction, highlighting the collaborative efforts in financing this multifamily development project.

Players

Adrian Edery
Two50 Capital Group
Adrian Edery
40 deals$660.7M volume(516) 204-2668
BROKER
Josh Eliassian
Two50 Capital Group
Josh Eliassian
4 deals$64.6M volume(310) 927-3466
BROKER
Steven Jemal
S3 Capital
Steven Jemal
118 deals$3.1B volume
LENDER

Details

FINANCED
IMAGE: Steven Jemal, Adrian Edery & Josh Eliassian DATE: 5/8/2026 MARKET: Berlin, CT ASSET TYPE: MultiFamily ~ SF: 32,060 ~ UNITS: 32 LENDER: Robert Schwartz & Steven Jemal (@SFJemal) - S3 Capital (@S3Capital) BROKERS: Adrian Edery & Josh Eliassian - Two50 Capital Group LOAN AMOUNT: $7,250,000 LOAN TYPE: Construction NOTE FROM LENDER: S3 Capital is a leading capital provider actively financing multifamily transactions across markets from New York to Texas, with a focus on loan opportunities exceeding $1 million. Please reach out to Steven at [email protected] with any loan inquiries.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$7,250,000.00

Monthly NOI$48,333.33
Monthly Debt Service$45,824.93
Change in Cash Flow$0.00
Refinance Proceeds$0.00