Helen Nitkin Of HB Nitkin Secures $51.8M Loan From Knighthead Funding For Stamford Office Acquisition
1 Station Place
$51,800,000
$183/SF
Building Size
281,928 SF
Asset Type
Office
Closing
Jan 14, 2026
AI
The asset involved in this transaction is an office property located at 1 Station Place, Stamford, CT, comprising 281,928 square feet. The acquisition value of the property is noted to be $70 million.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $51,800,000
- Lender: Knighthead Funding
- Landlord: Helen Nitkin - HB Nitkin
- Brokers: Christopher Kramer, Jordan Roeschlaub, Nick Scribani, Daniel Fromm & Ricky Braha - Newmark
- Loan Type: Acquisition
This transaction highlights key individuals including Helen Nitkin, who represents the landlord, and brokers Christopher Kramer, Jordan Roeschlaub, Nick Scribani, Daniel Fromm, and Ricky Braha, who facilitated the deal for Newmark.
Players
Redding Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93