News: Finance

Larew Doyle & Associates arranges $12.6 million in
refinancing for Center Square Village multifamily development

Phase I of Center Square Village - Bristol, CT

Bristol, CT Larew Doyle & Associates, a commercial real estate capital advisory firm, has arranged $12.6 million in long-term refinancing for Phase I of Center Square Village, a premier 52-unit Class A multifamily community.

Jeff Miller

Located across from town hall, Center Square Village anchors the city’s ongoing downtown revival. The project represents the repositioning of a failed enclosed retail mall into a mixed-use destination featuring modern apartments, on-site amenities, and ground-level restaurants.

The financing was provided by a local community bank that delivered competitive terms, a flexible structure, and execution. The sponsor is a CT-based vertically integrated developer with in-house design, construction, and property management capabilities.

With its contemporary design, full amenity package, and walkable retail and dining options, Center Square Village has attracted both young professionals and empty nesters seeking an urban lifestyle in the revitalized downtown core.

“Center Square Village’s success reflects strong sponsorship and resilient fundamentals in Bristol and the Hartford metro area’s multifamily sector,” said Jeff Miller, senior vice president at Larew Doyle & Associates. “We’re proud and honored to have been part of the developer’s team on this transformative project.”

Larew Doyle & Associates maintains offices in New York, Connecticut, Rhode Island, and Florida. The firm’s experienced team brings extensive institutional experience in finance, acquisitions, leasing, and brokerage sales, with a proven track record of structuring capital solutions for complex real estate projects.

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