State: Connecticut - CT

Commercial Observer A venture of Saber-Hightower and Granoff Real Estate has lined up $75.5 million of construction financing for the conversion of two office buildings in Norwalk, Conn., into the 286-unit M7 Lofts apartment property. Bank OZK provided the loan, ...

Commercial Real Estate Direct The 418,807-square-foot office building at 20 Church St. in downtown Hartford, Conn., has been sold for $8.5 million, or just more than $20/sf. The office building, often referred to as the Stilts Building after the angled ...

An affiliate of Apollo Global Management has provided $74.5 million of financing to fund the purchase and planned redevelopment of the 107,000-square-foot Seaview House Marina office building in Stamford, Conn., into residential condominiums. The loan, arranged by Walker & Dunlop, ...

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 ...

Truist Bank has provided $68.25 million of financing against the 269-unit Millyard at Meadow Commons apartment property in Newington, Conn., about 10 miles south of Hartford, Conn. The five-year loan, which pays a fixed rate, was arranged by JLL Capital ...

Greystone has provided $49.2 million of Fannie Mae mortgage financing against the 150-unit SoNo Central apartment property in Norwalk, Conn. The loan has a 10-year term and requires only interest payments for its first three years, after which it amortizes ...

Brand Street Properties and Barings purchased the 357,742-square-foot Shops at Evergreen Walk retail center in South Windsor, Conn., for $98.25 million, or nearly $275/sf. The venture purchased the property, along Interstate 84 at 501 Evergreen Way, from PGIM. Brand Street ...