Updated Mar 10, 2025
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
About this deal
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:
- Property Type: Office
- Transaction Amount: $132,500,000
- Lender: Christian Sewing - Deutsche Bank
- Landlord: Nate Wasserman - AM Properties & Joel Kiss - Northeast Capital Group
- Brokers: Jordan Roeschlaub, Nick Scribani & Christopher Kramer - Newmark
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.
On the Map
$132,500,000
$237/SF
Office
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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
0.12%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93