Updated Mar 11, 2025
Parkview Financial Provides $110M Bridge Loan For Office Property In Stamford, CT
200 Elm Street, Stamford, CT, USA
$110,000,000
$197/SF
Building Size
557,581 SF
Asset Type
Office
Closing
Dec 7, 2021
About this deal
AI
An office property in Stamford, CT has been involved in a recent transaction. The property, located at 200 Elm St & 695 E Main St, spans a total area of 557,581 square feet. The transaction took place on 12/07/2021. The property was acquired through an acquisition loan.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $110,000,000
- Market: Stamford, CT
The lender for this transaction was Parkview Financial, represented by Paul Rahimian. The loan term was a bridge loan. The landlord involved in the deal is 200 Elm Partners BH, LLC.
Please note that no additional information is available regarding the property or individuals involved in the transaction.
Players
Stamford 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
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93