Hall Investments Secures $23 Million Refinance Loan For Retail Asset In New Haven, CT

The asset involved in the transaction is a retail property located at 100 Connecticut Avenue in New Haven, CT. The loan amount for this refinance transaction is $23,000,000, with a fixed interest rate of 5.17%. This property is under a ground lease for a Lowe's location in Norwalk, Connecticut.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $23,000,000
• Loan Type: Refinance
• Landlord: Hall Investments
• Broker: Stephen Joseph - Atlantic Retail

The transaction was facilitated by Atlantic Capital Partners, who arranged the refinance for Hall Investments. This transaction emphasizes the financial dealings related to the ground lease property, specifically noting the fixed rate achieved in this loan arrangement.