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Urban Standard Capital Provides $132.5 Million Refinance For Office Asset At 200 Elm Street

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FINANCED
$133,000,000

Connecticut

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Office558,000 SF
Financed 02/26/2025
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FINANCED

Urban Standard Capital Provides $132.5 Million Refinance For Office Asset At 200 Elm Street

200 Elm Street

See Similar Deals
Office558,000 SF
Financed 02/26/2025
Contact now

Summary

CONNECTICUT
Asset Type:Office
Price Per Square Foot:$238
Total Square Footage:558,000 SF
Transaction Type:Loan

The property asset involved in the transaction is an office building located at 200 Elm Street in Stamford, CT. The asset spans 558,000 square feet and is part of a refinancing deal amounting to $132,500,000.

Summary of transaction details:

The financing package, totaling $133 million, was provided by Urban Standard Capital and Deutsche Bank to recapitalize the property. The package includes funds for Tenant Improvements and enhancements to building amenities. Urban Standard Capital prides itself on its capability in bespoke deal structuring to create tailored financing solutions for a variety of borrower needs.

Players

Christopher (Chris) Kramer
114 deals$23B volume(212) 850-5472
BROKER

Urban Standard Capital
LENDER

Details

FINANCED
IMAGE: Robert Levine, Bean & Seth Weissman DATE: 02/26/2025 ADDRESS: 200 Elm Street MARKET: Stamford, CT ASSET TYPE: Office ~ SF: 558,000 LENDER: Urban Standard Capital (@USC_NYC) LANDLORD: A.M. Property Corporation & Northeast Capital Group BROKER: Christopher Kramer - Newmark (@Newmark) LOAN AMOUNT: $132,500,000 LOAN TYPE: Refinance NOTE FROM LENDER: Urban Standard Capital and Deutsche Bank provided a $133MM financing package to recapitalize 200 Elm Street. The financing included proceeds for Tenant Improvements and improvements to expand the building amenities. The USC team excels in bespoke, creative deal structuring, tailoring financing solutions to meet each borrower's unique goals. By understanding individual needs and leveraging innovative strategies, we deliver flexible, value-driven results - even for complex or unconventional scenarios. To learn more about USC's office financing strategy, email Robert ([email protected]).

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$133,000,000.00

Monthly NOI$886,666.67
Monthly Debt Service$840,650.47
Change in Cash Flow$0.00
Refinance Proceeds$0.00