JLL Capital Markets Secures $64M Acquisition Financing For Multifamily Property In Stamford, CT
184 Summer Street, Stamford, Connecticut 06901, United States
$64,000,000
$3,020/SF
Building Size
21,191 SF
Asset Type
MultiFamily
Closing
Dec 13, 2022
AI
The acquisition financing for a multifamily property located at 184 Summer St in Stamford, CT has been completed. The loan amount for this transaction is $64,000,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $64,000,000
- Date: 12/14/2022
- Address: 184 Summer St, Stamford, CT
- Market: Stamford, CT
The loan was secured by the property located at 184 Summer St. The transaction was facilitated by JLL Capital Markets, with brokers Mona Carlton, Elliott Throne, Amit Kakar, Kenny Cutler, and Josh Odessky representing the parties involved in the deal.
Players
Stamford MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.25%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93