Cushman & Wakefield recently facilitated a $223.9 million refinancing deal for the Harbor Point portfolio in Stamford, Connecticut. The four-building, 989-unit multifamily portfolio is located in the South End of Stamford and consists of Class A properties. Greystone provided the financing through Freddie Mac with four seven-year fixed-rate mortgages and 35-year amortization periods.
The units within this portfolio include studio, one-bedroom, two-bedroom, and three-bedroom options with amenities such as tenant parking, resort-style pools, fitness centers,and on-site management services. Cushman & Wakefield’s Equity,D ebt & Structured Finance team led by John Alascio,A lex Hernandez,Alex Lapidus,and Chris Meloni represented the borrower in this transaction with assistance from Niko Nikolaou,R yan Dowd,and Brian Whitmer from their Capital Markets team.
Greystone’s Judah Rosenberg originated all four loans which were seven-year fixed-rate Freddie Mac mortgages also featuring 35-year amortization periods.This successful refinancing deal highlights Cushman&Wakefield’s expertise in equity,d ebt,& structured finance along with their strong partnershipwith Greystone to provide top-notch financial solutions for clients’ real estate needs.To stay informed about market trends and upcoming events like Connect Investment&Finance2023 on Oct24 at Hyatt Regency O’Harein Rosemont,Illinois be sure to register here today!
