Kyle O'Hehir & Alex Byrne Of Constitution Credit Acquire Hartford Multifamily For $75 Million
SOLD
$75,000,000
Connecticut
See Similar DealsMultiFamily295,000 SF
Sold 02/22/2026
SOLD
Kyle O'Hehir & Alex Byrne Of Constitution Credit Acquire Hartford Multifamily For $75 Million
MultiFamily295,000 SF
Sold 02/22/2026
Summary
Asset Type:MultiFamily
Price Per Square Foot:$254
Total Square Footage:295,000 SF
Transaction Type:Sale
The transaction involved a multifamily asset located in Hartford, CT. The property features a total square footage of 295,000 and was sold for a price of $75,000,000, equating to a price per square foot of $254.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $75,000,000
- Buyer: Kyle O'Hehir & Alex Byrne - Constitution Credit
- Broker Representatives: Andrew Pilchick, Alex Dobosh & Jacob Kaufman - HKS Real Estate Advisors
- Sale Date: 2/23/2026
- Market: Hartford, CT
- Note Financing: Yes
The transaction was represented by Andrew Pilchick, Alex Dobosh, and Jacob Kaufman from HKS Real Estate Advisors, who facilitated the sale on behalf of the buyers, Kyle O'Hehir and Alex Byrne of Constitution Credit.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$4,000,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$266,459.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$355,538.26
Annual Debt Service$4,266,459.16
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