FINANCEDMultiFamily
Morris Betesh, Israel Mermelstein, Morris Dabbah & Louis Halperin Of Arrow Real Estate Advisors Secures $12.5M Refinance Loan For Multifamily Asset In Hartford CT
$12,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 30, 2025
AI
The asset involved in this transaction is a multifamily property located in Hartford, CT. The loan amount for this refinance transaction is $12,500,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $12,500,000
- Loan Type: Refinance
- Market: Hartford, CT
- Landlord's Representative: Morris Betesh, Israel Mermelstein, Morris Dabbah & Louis Halperin - Arrow Real Estate Advisors
The key individuals involved in this transaction are Morris Betesh, Israel Mermelstein, Morris Dabbah, and Louis Halperin, who represent the landlord through Arrow Real Estate Advisors.
Players
Arrow Real Estate AdvisorsBrokerage
Amalgamated BankLender
Hartford 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
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93