Spinnaker Real Estate Partners And Eastpointe Secure $68M Construction Loan For Multifamily Development

A $68,000,000 construction loan has been secured for a multifamily development project located at 286 Canfield Avenue in Bridgeport, CT. The loan was provided by Sculptor Real Estate to the borrowers, Spinnaker Real Estate Partners represented by Clayton Fowler, and Eastpointe represented by Bryan Robik and Bill Finger. The brokers involved in the deal were Christopher Peck, Peter Rotchford, Kristen Knapp, and Rob Root from JLL.

Summary of transaction details:

• Property Type: Multifamily Development
• Transaction Amount: $68,000,000
• Address: 286 Canfield Avenue, Bridgeport, CT
• Lender: Sculptor Real Estate
• Borrowers: Spinnaker Real Estate Partners - Clayton Fowler, Eastpointe - Bryan Robik & Bill Finger
• Brokers: Christopher Peck, Peter Rotchford, Kristen Knapp, & Rob Root - JLL

The key individuals and companies involved in this transaction include the borrowers, Spinnaker Real Estate Partners and Eastpointe, as well as the lender, Sculptor Real Estate. The deal was facilitated by brokers Christopher Peck, Peter Rotchford, Kristen Knapp, and Rob Root from JLL.