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411 West Putnam Avenue

Updated Nov 11, 2025

Sound Point Capital Provides $41.5M Loan For Office Property In Greenwich, CT
FINANCEDOffice

Sound Point Capital Provides $41.5M Loan For Office Property In Greenwich, CT

411 West Putnam Avenue

$41,500,000

$402/SF

Building Size

103,060 SF

Asset Type

Office

Closing

Oct 19, 2021

About this deal

AI

The office building located at 411 West Putnam Ave in Greenwich, CT has undergone a recent transaction. The property spans a total of 103,060 square feet and is classified as an office asset. The transaction date was on October 19, 2021.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $41,500,000
  • Address: 411 West Putnam Ave, Greenwich, CT
  • Market: Greenwich, CT
  • Lender: Sound Point Capital - Stephen Ketchum
  • Landlord: Acram Group
  • Brokers: Cushman & Wakefield and Mission Capital Advisors

The loan amount for this transaction was $41,500,000. The lender involved in the deal was Sound Point Capital, represented by Stephen Ketchum. The landlord of the property is Acram Group. The brokers who facilitated the transaction were Cushman & Wakefield and Mission Capital Advisors.

Players

Sound Point Capital Management
Sound Point Capital ManagementLender

Greenwich Office Market Snapshot

Boundary boundary · Office · Loan transactions

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Deal FAQ

About $402 per square foot on a published $41.5M for 103,060 square feet (2021).

Browse Greenwich office loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.38%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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