David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Danbury
Abbey Lane apartment property
Newmark provided $111.4 million of Fannie Mae financing.
Danbury, Conn., Apartments Sell for $158Mln, Get $111.4Mln Fannie Mae Loan
Multi-Housing News Abacus Capital has paid $158 million, or $336,170/unit, for the 470-unit Abbey Lane apartment property in Danbury, Conn. The New York investor acquired the property from 601W Cos., also of New York, which bought it in 2019 for ...
Goldman, BMO, Morgan Stanley Lend $155Mln Against Danbury Fair Mall
Commercial Real Estate Direct Staff Report Goldman Sachs, Bank of Montreal and Morgan Stanley have provided $155 million of financing against the Danbury Fair Mall, a 1.28 million-square-foot shopping center in Danbury, Conn. The loan has a 10-year term during ...
3650 REIT Lends $58Mln Against Danbury, Conn., Apartments
Alternative lender 3650 REIT has provided $58 million of financing against the 264-unit Brookview Commons apartment property in Danbury, Conn. The loan allowed the property's owner, a venture of BRT Cos. of Danbury and DiMarco Group of Rochester, N.Y., to ...
M&T Bank Lends $25Mln Against Danbury, Conn., Apartment Project
Commercial Observer M&T Bank has provided $24.5 million of construction financing for a 133-unit apartment project in Danbury, Conn. HKS Real Estate arranged the loan, which pays a coupon of Libor plus 225 basis points. It comes with a two-year ...
Sale of Matrix Corporate Center in Conn. Costs CMBS Deal $46.1Mln
Commercial Real Estate Direct Staff Report The $58.6 million CMBS loan against the Matrix Corporate Center office complex in Danbury, Conn., suffered a loss of $46.1 million as a result of the sale of its collateral for $17 million. The ...
Matrix Corporate Center/39 Old Ridgebury Road
Occupancy at the property is now 18 percent. The sale could result in a loss of as much as $50 million to Morgan Stanley Bank of America Merrill Lynch Trust, 2013-C11, which holds the mortgage, according to a report on ...
Danbury, Conn., Office Complex Sells for $17Mln; $58.6Mln CMBS Loan to Get Whacked
Commercial Real Estate Direct Staff Report Matrix Corporate Center, a 1 million-square-foot office property in Danbury, Conn., whose $58.6 million CMBS loan has been in special servicing for more than two years, has been sold for $17 million, according to ...
Crown Point Apartments/50 Saw Mill Road
97 percent occupied.
Apartment Property in Danbury, Conn., Sells for $108.5Mln
AJH Management has paid $108.5 million, or $232,832/unit, for the 466-unit Crown Point Apartments in Danbury, Conn. The Lakewood, N.J., company bought the property, at 50 Saw Mill Road, from Harbor Group International, a Norfolk, Va., investment manager, in a ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
