Cushman & Wakefield Secures $223.87M Refinance Loan For Stamford Multifamily Portfolio | 301 Commons Park South, 111 Towne Street, 110 Towne Street & 120 Towne Street | Greystone | Chris Meloni, Ryan Dowd, John Alascio, Brian Whitmer, Alex Lapidus Okin, Alexander (Alex) Hernandez, Niko Nikolaou | MultiFamily | Loan

Summary

Loan

CONNECTICUT

MultiFamily

The Harbor Point portfolio, a collection of four multifamily buildings comprising 989 units located in Stamford, Connecticut, has secured $223.87 million in refinancing. The loan was facilitated by Judah Rosenberg of Greystone, who served as the lender. The terms of the loan include a seven-year fixed-rate Freddie Mac mortgage with a 35-year amortization period.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $223,869,000
Address: 301 Commons Park South, 111 Towne Street, 110 Towne Street & 120 Towne Street, Stamford, CT
Market: Stamford, CT
Units: 989

Alex Hernandez, Alex Lapidus, Brian Whitmer, Chris Meloni, John Alascio, Niko Nikolaou, and Ryan Dowd of Cushman & Wakefield acted as the brokers in this refinancing deal.

It is worth noting that Cushman & Wakefield served as the exclusive advisor in securing the refinancing for the Harbor Point portfolio. The loan is intended to support the ongoing operations and maintenance of the multifamily buildings.

Players

All
9

Agents
7
Agencies
1
Lenders
1

$1.1B Sold

Executive Managing Director

$206.3M Sold

$1.2B Sold

$435M Sold

Alexander (Alex) Hernandez

Executive Managing Director

$865M Sold

Details

Deal Summary

FINANCED

IMAGE: Chris Meloni, Brian Whitmer, Alex Lapidus, John Alascio, Judah Rosenberg, Alex Hernandez, Ryan Dowd & Niko Nikolaou DATE: 10/11/2023 ADDRESS: 301 Commons Park South, 111 Towne Street, 110 Towne Street & 120 Towne Street MARKET: Stamford, CT ASSET TYPE: Multifamily ~ UNITS: 989 LENDER: Judah Rosenberg (@JRosenberg) - Greystone (@Greystonecref) BROKERS: Alex Hernandez, Alex Lapidus, Brian Whitmer, Chris Meloni, John Alascio, Niko Nikolaou (@Niko_Nicolaou) & Ryan Dowd - Cushman & Wakefield (@CushWake) LOAN AMOUNT: $223,869,000 LOAN TYPE: Refinance LOAN TERMS: Seven-year fixed-rate Freddie Mac mortgages with 35-year amortization periods NOTE: Cushman & Wakefield served as the exclusive advisor in securing $223.87 million in refinancing for the Harbor Point portfolio, a collection of four multifamily buildings comprising 989 units in Stamford, Connecticut.

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Address301 Commons Park South, 111 Towne Street, 110 Towne Street & 120 Towne Street

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