STAMFORD, Conn., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Cushman & Wakefield announced today that the real estate services firm served as the exclusive advisor to the ownership group in the procurement of a combined $223,869,000 for the refinancing of the Harbor Point portfolio, a four-building, 989-unit multifamily portfolio located at 301 Commons Park South, 111 Towne Street, 110 Towne Street and 120 Towne Street in Stamford, Connecticut. The Freddie Mac financing was provided by Greystone.
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.
"We are thrilled to have successfully arranged the financing for the Harbor ...