Beachwold Residential LLC Secures $53.6M Acquisition Loan For Multifamily Property In Stamford, CT | 25 Glenbrook Road | Kenny Cutler, Mona Carlton, Elliott Throne, Amit Kakar, Alex Staikos | MultiFamily | Loan

Summary

Loan

CONNECTICUT

MultiFamily

1,280 sqft

The multifamily property located at 25 Glenbrook Rd in Stamford, CT has been involved in a closed transaction. The property comprises 146 units with a total square footage of 1,280.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $53,566,000
Address: 25 Glenbrook Rd, Stamford, CT
Market: Stamford, CT
Landlord: Beachwold Residential LLC
Lender: MetLife Investment Management

The transaction involved a three-year, floating-rate loan for the acquisition of the property. The loan amount provided was $53,566,000. The brokers involved in the deal were Elliott Throne, Mona Carlton, Alex Staikos, Amit Kakar, and Kenny Cutler from JLL Capital Markets.

Players

All
6

Agents
5
Agencies
1

Kenny Cutler

Associate

Mona Carlton

Senior Managing Director

Elliott Throne

Senior Managing Director, Capital Markets

$65.8M Sold

$314M Sold

Details

Deal Summary

FINANCED

IMAGE: Mona Carlton, Amit Kakar, Alex Staikos & Elliott Throne DATE: 11/02/2021 ADDRESS: 25 Glenbrook Rd MARKET: Stamford, CT ASSET TYPE: Multifamily ~ UNITS: 146 ~ SF: 1,280 LANDLORD: Beachwold Residential LLC LENDER: MetLife Investment Management BROKERS: Elliott Throne, Mona Carlton, Alex Staikos, Amit Kakar & Kenny Cutler - JLL Capital Markets LOAN AMOUNT: $53,566,000 LOAN TYPE: Acquisition LOAN TERMS: three-year, floating-rate loan

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Address25 Glenbrook Road

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