Saber-Hightower Granoff Real Estate Wind River Holdings Secures $75.5M Construction Loan In Norwalk CT

The property asset involved in this transaction is a MultiFamily complex located at 201 Merritt 7, Norwalk, CT, comprising a total of 286 units. The construction loan for this asset amounts to $75,500,000, facilitating the development of this multifamily property in the Norwalk market.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $75,500,000
• Lender: Bank OZK
• Borrower: Saber-Hightower, Granoff Real Estate & Wind River Holdings
• Landlord's Representatives: Drew Fletcher, Bryan Grover, Jesse Kopecky & Paul Fried - Greystone
• Loan Type: Construction

The deal involves key representatives from Greystone, including Drew Fletcher, Bryan Grover, Jesse Kopecky, and Paul Fried, who are acting on behalf of the landlords throughout the transaction process. They play a crucial role in facilitating the loan and ensuring the successful development of the property.