Commercial Observer M&T Bank has provided $24.5 million of construction financing for a 133-unit apartment project in Danbury, Conn. HKS Real Estate arranged the loan, which pays a coupon of Libor plus 225 basis points. It comes with a two-year ...
Commercial Observer UBS has provided $29 million of financing against the 383,000-square-foot Naugatuck Valley Shopping Center in Waterbury, Conn. NKF Capital Markets arranged the loan. Lexington Realty International owns the property, at 950 Wolcott St., which is about 98 percent ...
Commercial Observer BMO Harris Bank has provided $50 million of construction financing for the 299-unit apartment project at 44 Olive St. in New Haven, Conn. Greystone Capital Advisors arranged the loan. A venture of Adam America Real Estate and Epimoni ...
Trez Forman Capital has provided $45.4 million of financing for the redevelopment of the Noroton Heights shopping center in Darien, Conn., into a mixed-use property. The property is owned by Noroton Heights & Co., a group of local investors led ...
A venture led by Taconic Capital Partners has exercised its controlling-class rights and purchased what originally had been $71 million of CMBS debt against 50 and 64 Danbury Road, a pair of office buildings with a total of 265,142 square ...
The property has been renamed Sofi at 50 Forest. 95 percent leased
Kensico Properties has paid $67 million, or $1,066/sf, for 200 Greenwich Ave., a 62,850-square-foot office and retail building in tony Greenwich, Conn. The New York investment firm, run by the Chartouni family, bought the three-story building from an investor group, ...
Commercial Real Estate Direct Staff Report Pacific Urban Residential has paid $105 million, or $343,137/unit, for the 306-unit AVA Stamford apartment property in downtown Stamford, Conn. The Palo Alto, Calif., multifamily investment firm bought the property from AvalonBay Communities Inc., ...
ACORE Capital provided $120 million of financing to help fund Rubenstein's acquisition. JLL arranged the 10-year loan. The building is 85 percent leased.
Stamford Advocate A venture of the Melohn Group and Drake Street Partners has paid $33.5 million, or $368/sf, for the 91,040-square-foot office building at 181 Harbor Drive in Stamford, Conn. It bought the building, which is part of the Shippan ...
The Real Deal A venture of George Comfort & Sons and AVG Partners is looking into adding a hotel to the 682,327-square-foot office building at 677 Washington Blvd. in Stamford, Conn. The property, which the venture had bought in 2017 ...
Waterway Capital has paid $30 million, or $357.55/sf, for 8 and 10 Wright St., an 83,964-square-foot office property in Westport, Conn. The Boston investment bank, previously known as Bostonia Global Securities, bought the two-building property from Marcus Partners, a Boston ...
Stamford Advocate Belpointe has sold the 109-unit Baypointe apartment property in Stamford, Conn., for $50 million, or $458,716/unit. A Greenwich, Conn., investors was the buyer. Belpointe, of Greenwich, developed the waterfront property, at 112 Southfield Ave., two years ago. It ...
The Real Deal Rubenstein Partners has paid $163 million, or $362/sf, for the office building at 600 Washington Blvd. in downtown Stamford, Conn. The Philadelphia investment manager bought the 450,000-square-foot property from the Royal Bank of Scotland, which will continue ...
Hart Realty Advisers has paid $30.3 million, or $164/sf, for two office buildings with 184,871 square feet at 180 and 200 Glastonbury Blvd. in the Hartford, Conn., suburb of Glastonbury, Conn. The Simsbury, Conn., investment firm acquired the buildings from ...
Thorofare Capital has provided $53.5 million of financing against two apartment properties with 198 units in Norwalk, Conn. The five-year loan allowed the properties' owner, a venture of Alex. Brown Realty Inc. of Baltimore and Belpointe Cos. of Greenwich, Conn., ...
The Long Island, N.Y., family office secured $37 million of Freddie Mac financing to help fund the acquisition. CBRE arranged the loan, which has a 10-year term and requires only interest payments for the first five years.
Commercial Observer Stacom Holdings has paid $60 million, or $307,692/unit, for the Stamford Corners apartment property in Stamford, Conn. The Long Island, N.Y., family office secured $37 million of Freddie Mac financing to help fund the acquisition. CBRE arranged the ...
Clairmont raised $3.5 million of equity through the RealtyMogul crowdfunding platform to help fund the deal.
The Real Deal World Wrestling Entertainment has signed a lease for 415,000 square feet at the office building at 677 Washington Blvd. in Stamford, Conn. The company expects to move to the building in 2021. It plans on selling the ...
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© 2023 Commercial Real Estate Direct All rights reserved.