What is First Hartford?
First Hartford Realty Corporation is a prominent entity specializing in the acquisition, development, and management of commercial and multifamily properties. With a strategic footprint spanning states like Connecticut, Delaware, and Texas, the company's diverse portfolio includes single-tenant retail, regional power centers, and over 1,000 multifamily units. First Hartford actively manages its projects, often serving as the general contractor to maintain stringent control over quality, costs, and timelines. The company also holds preferred developer status for major brands such as CVS Health and Cumberland Farms, facilitating the successful launch of numerous retail locations.
How much funding has First Hartford raised?
First Hartford has raised a total of $2.8M across 2 funding rounds:
Debt
$1M
Debt
$1.8M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.8M led by PPP
What's next for First Hartford?
The substantial enterprise-level capital infusion indicates First Hartford is poised for aggressive expansion and further diversification of its real estate assets. This strategic backing will likely fuel the development of new projects, enhance property management capabilities, and potentially broaden its geographic reach. The company's focus on both stabilized assets and new developments, coupled with its in-house development expertise, positions it to capitalize on emerging market opportunities and solidify its market leadership.
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