Gparency Facilitates $8.4M Loan For 84-Unit Suffield Multifamily Property In CT

Suffield, Connecticut, United States

$8,430,000

Building Size

—

Asset Type

MultiFamily

Closing

Sep 5, 2022

AI

This transaction involves a multifamily property located in Suffield, CT. The property consists of 84 units.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $8,430,000
Market: Suffield, CT
Units: 84

The loan for this transaction was provided by Arbor, with Steve York representing the lender. The loan amount is $8,430,000, and the loan terms include 5 years of interest-only payments.

Brokers Moshe Fensterheim and Michael Wyne from Gparency represented the borrower in this deal. As a GPARENCY member, the borrower paid only $11,000 in financing fees.

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