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New York & Tri-State  + Fairfield/Westchester  + Finance  | 
JLL arranged $64 million in acquisition financing for Summer House apartments in Stamford, CT

JLL Arranges Acquisition Loan on Downtown Stamford Apts. 

JLL Capital Markets arranged $64 million in acquisition financing for Summer House, a 227-unit, high-rise apartment community at 184 Summer St. in downtown Stamford, CT. JLL worked on behalf of Beachwold Residentia to secure the 10-year, full-term interest only, fixed-rate loan through Freddie Mac Multifamily.  

The JLL Capital Markets Debt Advisory Team representing the borrower was led by senior managing directors Mona Carlton and Elliott Throne, directors Amit Kakar and Kenny Cutler and analyst Josh Odessky. 

“Summer House’s strong infill location and luxury finishes position it well for continued growth in the thriving downtown Stamford submarket,” Kakar said. “The property is an excellent addition to Beachwold’s portfolio.” 

Built in 2016, the 22-story building features studio, one-, two-, and three-bedroom units with city and water views, wood plank flooring, stone countertops, Stainless steel appliances, modern cabinetry, in-unit washers and dryers, and walk-in closets. 


Inside The Story

JLL's Kakar

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing