06.25.2020 | News

Christopher M. Sacht and Joseph E. Brooks Close Construction Financing for Mixed Income Housing in West Hartford, CT

Bankruptcy

Hackett Feinberg P.C. attorneys Christopher M. Sacht and Joseph E. Brooks recently represented a national banking client that provided construction financing for the Faxon affordable housing development project located in West Hartford, Connecticut.

The total project size was approximately $18,000,000.  Hackett Feinberg P.C. collaborated with attorneys and consultants representing the developer/owner, tax credit equity investor and other subordinate lenders in order to structure, document, and close the transaction.  When completed, the project will consist of sixty-seven (67) mixed income residential units.

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