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Hartford apartments sell for $3.9M

A Hartford apartment complex in the city’s north end has sold for $3.9 million, records show.

The 50-unit apartment complex at 275 Westland St., sold Nov. 5, property records show. 

The buyer was Westland Place Holding LLC, which is controlled by Leah Brikman of Brooklyn, New York, state records show.

The buyer took out a $3.1 million mortgage from Arbor Commercial Funding I LLC to finance the purchase, land records show.  ....

New York , United States , Leah Brikman , Ahron Rudich , Westland Place Holding , Arbor Commercial Funding , Westland St ,

Fannie Mae Multifamily Closes 2020 With Record Volume of $76 Billion


Fannie Mae Multifamily Closes 2020 With Record Volume of $76 Billion
Fannie Mae Fulfills its Mission in Supporting the Multifamily Market Amid Pandemic-Driven Disruptions to Economy and Financial Markets
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WASHINGTON, Jan. 14, 2021 /PRNewswire/  Fannie Mae (OTCQB: FNMA) provided $76 billion in financing to support the multifamily market in 2020, the highest volume in the history of its 32-year-old Delegated Underwriting and Servicing (DUS
®) program. During a year of pandemic-related disruptions to the nation s economy and financial markets, Fannie Mae supported the needs of multifamily borrowers while increasing its commitment to affordable housing.
Fannie Mae continued to play an important role as a source of financing for multifamily rental housing at a time when borrowers and their tenants faced unprecedented challenges, said Michele Evans, Executive Vice President of Multifamily, Fannie Mae. ....

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