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200 Main Street

Christian Sewing Of Deutsche Bank Provides $132.5 Million Refinance Loan For 200 Main Street Office
FINANCEDOffice

Christian Sewing Of Deutsche Bank Provides $132.5 Million Refinance Loan For 200 Main Street Office

200 Main Street

$132,500,000

$237/SF

Building Size

558,000 SF

Asset Type

Office

Closing

Feb 26, 2025

AI

The asset involved in this transaction is an office property located at 200 Main Street in Stamford, CT, encompassing a total square footage of 558,000. The loan amount processed for this property is $132,500,000 under a refinance type loan.

Summary of transaction details:

The key individuals associated with this transaction include Christian Sewing, who represents the lending entity Deutsche Bank, and the landlords, Nate Wasserman of AM Properties and Joel Kiss of Northeast Capital Group. The brokerage team is composed of Jordan Roeschlaub, Nick Scribani, and Christopher Kramer from Newmark, who facilitated the deal.

Players

Nick Scribani

Newmark

Broker

$56.7B

vol

201 deals

Broker

Christian Sewing

Deutsche Bank

Lender

$6.5B

vol

12 deals

Lender
Deutsche Bank
Deutsche BankLender

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

0.12%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93