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Owner Secures $53M Refi on Broadmoor Apartments in Hamden

Meridian Capital Group Arranges Loan
May 21, 2018
The owners of the Broadmoor Apartments at 676 Mix Ave. in Hamden, CT have secured a $53 million loan to refinance existing debt on the property.

Shaya Ackerman and Shaya Sonnenchein with the New York City office of Meridian Capital Group arranged the financing on behalf of the borrower, placing the loan with GM Equities.

The 10-year loan carries a 1.58-percent spread, five years of interest-only payments and a 30-year amortization schedule.

Renovated in 2005, the multifamily community is comprised of 468 studios, one- and two-bedroom units across six six-story buildings featuring private parking garages, a clubhouse, fitness center, tennis courts, picnic area and pool.
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