William Rudin Secures $97.5 Million Loan For Multifamily Property At 1 Harbor Point Road
1 Harbor Point Road
$97,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 17, 2026
AI
The property asset involved is a multifamily building located at 1 Harbor Point Road in Stamford, CT, consisting of 239 units. The acquisition loan amount is $97,500,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $97,500,000
- Lender: Jamie Dimon
- Landlord: William Rudin
- Landlord's Representative: Jordan Roeschlaub, Christopher Kramer, Capri Van Gilder, Douglas Harmon, Adam Spies, Adam Doneger, Gene Pride, Michael Collins, and Alex Haendler - Newmark
- Loan Type: Acquisition
The transaction highlights key individuals including the lender, Jamie Dimon, and landlord William Rudin, who plays a significant role in the ownership and management of the property. The various representatives from Newmark contributed to the successful structuring and execution of the acquisition deal, reflecting a collaborative effort among professionals in the real estate financing industry.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93