Hudson Bay Capital And Sun Homes Secure $74.5M Loan For The Caspian Acquisition In Stamford

The asset involved in this transaction is a multi-family property located at 68–70 Seaview Avenue in Stamford, Connecticut. The property is part of a deal that involved a loan of $74.5 million to finance its acquisition and redevelopment.

Summary of transaction details:

• Property Type: Multi-Family
• Transaction Amount: $74,500,000
• Lender: Apollo Global
• Landlord: Hudson Bay Capital & Sun Homes
• Broker: Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Sean Reimer, Dustin Stolly, Jordan Casella & Stanley Cayre - Walker & Dunlop
• Loan Type: Acquisition

This transaction was facilitated by Walker & Dunlop, who arranged the loan from an affiliate of Apollo Global Management. The primary entities involved are Sun Homes and Hudson Bay Capital, responsible for the acquisition and redevelopment of the property known as The Caspian.