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JLL Facilitates $20.44M Refinance Loan For 214-Unit Multifamily Property In East Haven, CT

510 Main Street
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This MultiFamily property located in CT received a loan of $20,440,000 over 2 years ago. The brokers of the deal were Elliott Throne, Amit Kakar, Alex Staikos, and Mona Carlton

Located at 510 Main St in East Haven, CT, this recently closed property transaction involved a multifamily asset consisting of 214 units. The deal, dated 10/28/2021, was for a refinance loan.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $20,440,000
  • Address: 510 Main St, East Haven, CT
  • Market: East Haven, CT
  • Loan Type: Refinance
  • Loan Terms: 10-year, fixed-rate loan
  • Landlord: Beachwold Residential LLC
  • Lender's Rep: JLL Real Estate Capital, LLC
  • Landlord's Rep: Elliott Throne, Mona Carlton, Alex Staikos, & Amit Kakar - JLL Capital Markets

The loan amount for this transaction was $20,440,000. JLL Real Estate Capital, LLC acted as the lender's representative for the deal, while Elliott Throne, Mona Carlton, Alex Staikos, and Amit Kakar from JLL Capital Markets represented the landlord, Beachwold Residential LLC. The loan terms were a 10-year, fixed-rate loan.

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Deals
  • Location
    510 Main St, East Haven, CT, USA510 Main St, East Haven, CT, USA
  • Loan Value
    $20,440,000$20,440,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Mona Carlton

Mona Carlton

Deals8
Financed$266.7M

Elliott Throne

Elliott Throne

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Financed$661M

Amit Kakar

Amit Kakar

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Financed$308.3M

Alex Staikos

Alex Staikos

Deals22
Financed$3B

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

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Deal Summary

LOAN IMAGE: Mona Carlton, Amit Kakar, Alex Staikos & Elliott Throne DATE: 10/28/2021 ADDRESS: 510 Main St MARKET: East Haven, CT ASSET TYPE: Multifamily ~ UNITS: 214 LANDLORD: Beachwold Residential LLC LENDER'S REP: JLL Real Estate Capital, LLC LANDLORD'S REP: Elliott Throne, Mona Carlton, Alex Staikos, & Amit Kakar - JLL Capital Markets LOAN AMOUNT: $20,440,000 LOAN TYPE: Refinance LOAN TERMS: 10-year, fixed-rate loan

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