City: Stamford

A venture of KABR Group and Ceruzzi Properties has paid $67.5 million, or nearly $323,000/unit, for 66 Summer St., a 209-unit apartment building and an adjoining parking garage in Stamford, Conn. The venture acquired the property from its developer, a ...

Commercial Real Estate Direct Staff Report The $147.1 million CMBS loan against the 682,327-square-foot UBS Center in Stamford, Conn., has been tagged with a $111.2 million appraisal reduction amount, reflecting the collateral property's recent $44.4 million appraised value. Last month, ...

CWCapital Asset Management, which is managing the $148.7 million CMBS loan against the 682,327-square-foot UBS Center in Stamford, Conn., has put the nonperforming loan up for sale. It has hired Mission Capital Advisors to sell the loan and is shooting ...

Natixis has provided $97.5 million of financing against the Greenwich Office Park, an eight-building office complex with 380,561 square feet in Greenwich, Conn. The five-year financing package consists of an $87.5 million senior loan and $10 million mezzanine loan. It ...

Fareri Associates has paid $130 million, or $341.60/sf, for the Greenwich Office Park, an eight-building complex in Greenwich, Conn., with 380,561 square feet. Fareri, a Greenwich developer, bought the property, off Weaver St. and close to West Putnam Ave., from ...

Mesa West Capital has provided a $36.25 million loan against 500 West Putnam Ave., a 124,668-square-foot office building in Greenwich, Conn. NGKF Capital Markets arranged the three-year loan, which has options for two one-year extensions. The four-story building is owned ...

Urstadt Biddle Properties Inc. has paid $45.3 million, or about $633/sf, for Newfield Green, a 71,588-square-foot retail property in Stamford, Conn. The Greenwich, Conn., REIT purchased the property, at 565 Newfield Ave., from Hoffman Investment Partners in a deal arranged ...

SL Green Realty Corp. has agreed to sell 500 West Putnam Ave., a 121,500-square-foot office property in Greenwich, Conn., for $41 million, or $337.50/sf. The REIT said the property, which it had acquired in 2007 from Mack-Cali Realty Corp. for ...

Commercial Real Estate Direct Staff Report The $156.7 million CMBS loan against the UBS Center in Stamford, Conn., has transferred to special servicing because of a non-monetary default. The transfer, highlighted in a TreppWire report, was expected, given that its ...