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Two Sound View, Sound View ...

Updated Oct 29, 2024

TD Bank Provides $25 Million Loan For Office Building At Two Sound View Drive In Greenwich, CT With Brokers Dylan Kane, Zach Redding, Drew Ahlers, And Peter Cabrera From B6 Real Estate
FINANCEDOffice

TD Bank Provides $25 Million Loan For Office Building At Two Sound View Drive In Greenwich, CT With Brokers Dylan Kane, Zach Redding, Drew Ahlers, And Peter Cabrera From B6 Real Estate

Two Sound View, Sound View Drive, Greenwich, CT, USA

$25,000,000

$657/SF

Building Size

38,000 SF

Asset Type

Office

Closing

Apr 4, 2021

About this deal

AI

A $25,000,000 loan has been secured for an office property located at Two Sound View Drive in Greenwich, CT. The loan was provided by TD Bank.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $25,000,000
  • Address: Two Sound View Drive, Greenwich, CT
  • Market: Greenwich, CT

Dylan Kane, Zach Redding, Drew Ahlers, and Peter Cabrera from B6 Real Estate represented the parties involved in the deal.

The office loan at Two Sound View, Sound View Drive, Greenwich, CT, USA in Greenwich, Connecticut financed for $25M in 2021. The building is 38,000 square feet, implying about 657 per square foot on the published price. Peter Cabrera, Dylan Kane, Drew Ahlers, Zach Redding appear on the loan alongside Colliers, B6 Real Estate Advisors. This page is the Greenwich, Connecticut file for the Two Sound View, Sound View Drive, Greenwich, CT, USA office financed: pricing, party profiles, and other closed office comps from the same Greenwich sit in the Market section below. Filter that Greenwich office set by closing date to see what else financed near Two Sound View, Sound View Drive, Greenwich, CT, USA around 2021. Published consideration for Two Sound View, Sound View Drive, Greenwich, CT, USA is $25M, dated 2021. Cite this TD Bank Provides $25 Million Loan For Office Building At Two Sound View Drive In Greenwich, CT With Brokers Dylan Kane, Zach Redding, Drew Ahlers, And Peter Cabrera From B6 Real Estate loan when underwriting similar office product around Greenwich, Connecticut.

Players

Drew Ahlers

Eastdil Secured

Broker

$8.1B

vol

16 deals

Broker
TD Bank
TD BankLender

Greenwich Office Market Snapshot

Boundary boundary · Office · Loan transactions

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Deal FAQ

About $657 per square foot on a published $25M for 38,000 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.63%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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