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68 Seaview Avenue

Updated Aug 21, 2026

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

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

68 Seaview Avenue & 70 Seaview Avenue

$74,500,000

Building Size

—

Asset Type

MultiFamily

Closing

Aug 18, 2026

About this deal

AI

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:

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.

On the Map

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$74,500,000

MultiFamily

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Players

Aaron Appel

Walker & Dunlop

Broker

$35.7B

vol

209 deals

Broker
Apollo Global
Apollo GlobalLender
Hudson Bay Capital
Hudson Bay CapitalLandlord

Stamford MultiFamily Market Snapshot

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.21%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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