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Kriss Capital Provides $33.5M Construction Loan for Multifamily Project in Portland, Connecticut

Summary by REBusinessOnline
PORTLAND, CONN. — Kriss Capital, a New York-based private equity firm and bridge lender, has provided a $33.5 million construction loan for a 130-unit multifamily project in Portland, a southern suburb of Hartford. The four-story building will be part of a larger development known as Brainerd Place and will include 11,000 square feet of commercial space. John Harrington of HKS Real Estate Advisors arranged the loan on behalf of the developers, B…
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Kriss Capital Provides $33.5M Construction Loan for Multifamily Project in Portland, Connecticut

PORTLAND, CONN. — Kriss Capital, a New York-based private equity firm and bridge lender, has provided a $33.5 million construction loan for a 130-unit multifamily project in Portland, a southern suburb of Hartford. The four-story building will be part of a larger development known as Brainerd Place and will include 11,000 square feet of commercial space. John Harrington of HKS Real Estate Advisors arranged the loan on behalf of the developers, B…

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REBusinessOnline broke the news in on Monday, January 27, 2025.
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