Dealmaker: Cushman & Wakefield Arranges $223M Refinancing for Connecticut Portfolio

(Image courtesy of Cushman & Wakefield)

Cushman & Wakefield, Chicago, served as exclusive adviser to the ownership group in procuring $223 million to refinance the Harbor Point portfolio in Stamford, Conn.

The Freddie Mac financing was provided by Greystone, New York.

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.

The portfolio includes four buildings with almost 1,000 total units.