Apollo Global Management Provides $89M Loan For Multifamily Acquisition In Stamford, CT By Monday Properties & Washington Capital

The acquisition of a multifamily property located at 75 Tresser Blvd in Stamford, CT has recently been finalized. The property consists of 344 units and was acquired by Monday Properties and Washington Capital. The transaction was facilitated by CBRE brokers Jason Gaccione, Shawn Rosenthal, Jake Salkovitz, and Lauren Weinstein.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $89,000,000
• Loan Type: Acquisition
• Lender: Apollo Global Management

Apollo Global Management provided a loan of $89,000,000 to facilitate the acquisition. The loan was secured by the property located at 75 Tresser Blvd. The acquisition was carried out by Monday Properties and Washington Capital, with CBRE brokers Jason Gaccione, Shawn Rosenthal, Jake Salkovitz, and Lauren Weinstein representing the parties involved in the transaction.