JLL Capital Markets Secures $64M Acquisition Financing For Multifamily Property In Stamford, CT
FINANCED
$64,000,000
+ 2
Connecticut
See Similar DealsMultiFamily21,191 SF
Financed
FINANCED
JLL Capital Markets Secures $64M Acquisition Financing For Multifamily Property In Stamford, CT
184 Summer Street, Stamford, Connecticut 06901, United States
See Similar DealsMultiFamily21,191 SF
Financed
+ 2
Summary
CONNECTICUT
Asset Type:MultiFamily
Price Per Square Foot:$3,020
Total Square Footage:21,191 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$64,000,000.00
Monthly NOI$426,666.67
Monthly Debt Service$404,523.54
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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