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 portfolio offers a variety of units including studios, one-bedroom, two-bedroom, and three-bedroom options with amenities such as tenant parking, resort-style pools, fitness centers,and on-site management services.
Leading this transaction was Cushman & Wakefield’s Equity Debt & Structured Finance team comprised of John Alascio,Alex Hernandez,Alex Lapidus,and Chris Meloni along with support from Capital Markets team members Niko Nikolaou,Ryan Dowd,and Brian Whitmer who represented the borrower.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 refinance demonstrates our expertise in securing favorable financing solutions for our clients without mentioning specific brands or locations.
