Old National Bank Provides $111M Loan For August At Steelpointe Harbor Apartments In Bridgeport | 55 East Main Street | Old National Bank | MultiFamily | Loan

Summary

Loan

CONNECTICUT

MultiFamily

The August at Steelpointe Harbor, a 420-unit apartment property in Bridgeport, Connecticut, has received $111 million in financing for its construction. The loan was provided by Old National Bank, supporting the development of this multifamily asset.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $111,000,000
Units: 420
Address: 55 East Main Street, Bridgeport, CT
Market: Bridgeport, CT

David Flaherty, representing Flaherty & Collins Properties, and RCI Group are the landlords involved in this project. They have partnered to bring forth the August at Steelpointe Harbor. The financing provided by Old National Bank supports their joint venture.

Players

All
1

Lenders
1

Old National Bank

Details

Deal Summary

FINANCED

IMAGE: David Flaherty DATE: 01/24/2024 ADDRESS: 55 East Main Street MARKET: Bridgeport, CT ASSET TYPE: Multifamily ~ UNITS: 420 LENDER: Old National Bank LANDLORD: David Flaherty - Flaherty & Collins Properties; & RCI Group LOAN AMOUNT: $111,000,000 NOTE: Old National Bank has provided $111 million in financing for the construction of the August at Steelpointe Harbor, a 420-unit apartment property in Bridgeport, Connecticut, by a venture of Flaherty & Collins Properties and RCI Group.

View on map

Address55 East Main Street

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.