Greystone Provides $224M Refi for Stamford MF Portfolio
Cushman & Wakefield has 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. The financing, provided by Greystone through Freddie Mac, comprises four seven-year fixed-rate mortgages with 35-year amortization periods. The portfolio includes studio, one-bedroom, two-bedroom, and three-bedroom units and features amenities such as tenant parking, resort-style pools, fitness centers, and on-site management.
Cushman & Wakefield’s Equity, Debt & Structured Finance team of John Alascio, Alex Hernandez, Alex Lapidus and Chris Meloni, with assistance from the firm’s Capital Markets team of Niko Nikolaou and Ryan Dowd in coordination with Brian Whitmer, represented the borrower in the transaction. Greystone’s Judah Rosenberg originated the four loans, all seven-year fixed-rate Freddie Mac mortgages with 35-year amortization periods.
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Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money.
With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.