Updated Jul 29, 2026
Michael J. Gefter Secures $10,802,981 Loan For Hotel At 135 Harvard Ave In Stamford
135 Harvard Ave
$10,802,981
$114/SF
Building Size
94,019 SF
Asset Type
Hotel
Closing
Oct 25, 2023
About this deal
AI
The asset involved in this transaction is a hotel located at 135 Harvard Ave in Stamford. The loan amount for this property is $10,802,981.00.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $10,802,981.00
- Address: 135 Harvard Ave
- Market: Stamford
- Brokers: Michael J. Gefter
Michael J. Gefter serves as the broker representative in this transaction, facilitating the dealings related to this hotel property in Stamford.
The hotel loan at 135 Harvard Ave in Stamford, Connecticut financed for $10.8M in 2023. The building is 94,019 square feet, implying about 114 per square foot on the published price. Named participants on the 135 Harvard Ave loan are Michael J. Gefter, A.K.. This page is the Stamford, Connecticut file for the 135 Harvard Ave hotel financed: pricing, party profiles, and other closed hotel comps from the same Stamford sit in the Market section below. Filter that Stamford hotel set by closing date to see what else financed near 135 Harvard Ave around 2023. Published consideration for 135 Harvard Ave is $10.8M, dated 2023. Cite this Michael J. Gefter Secures $10,802,981 Loan For Hotel At 135 Harvard Ave In Stamford loan when underwriting similar hotel product around Stamford, Connecticut.
Players
Stamford Hotel Market Snapshot
Boundary boundary · Hotel · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.47%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93