Updated Sep 1, 2026
Peter Chavkin And Zachary Cion Secure $74.5M Construction Loan For 68 Seaview Avenue In Stamford
68 Seaview Avenue
$67,000,000
Building Size
—
Asset Type
Condo
Closing
Aug 20, 2026
About this deal
AI
The condo located at 68 Seaview Avenue, known as The Caspian, is situated in Stamford, CT. It has been involved in a loan transaction valued at $74,500,000, categorized under construction finance.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $74,500,000
- Lender: Ben Gray & Mark Rowan - Apollo Global Management
- Borrower: Peter Chavkin - Sun Homes & Zachary Cion - Hudson Bay Capital
- Brokers: Aaron Appel, Jonathan Schwartz, Jordan Casella, Adam Schwartz, Keith Kurland & Stanley Cayre - Walker & Dunlop
- Date of Transaction: 08/20/2026
The transaction involves key individuals such as Ben Gray and Mark Rowan, representing Apollo Global Management as lenders. The borrowing entities include Peter Chavkin, associated with Sun Homes, and Zachary Cion, of Hudson Bay Capital, each playing significant roles in this financial deal.
Players
Stamford Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93