Jacobs Real Estate Advisors is excited to announce a $2 million preferred equity investment in the acquisition and construction of a mixed-use development in New Britain CT. The project is being developed by Jasko Development LLC.

Conveniently located one block from the downtown New Britain CT Fastrak station and minutes from routes 9 & 72, “The Brit” will bring 107 apartment units and 5,600 square feet of ground-floor retail and restaurant space to a significant corner of downtown New Britain. “The Brit,” which will cater to young renters looking to engage in an urban lifestyle, puts a major emphasis on placemaking. Its ground-floor common areas amount to an “urban oasis” in the middle of downtown New Britain. Extra amenities include a pet spa, bike storage area, and a 700-square-foot fitness center, in addition to the commercially operated retail and/or food and beverage outlets.