GAIA Real Estate has secured a $223.9 million debt package to refinance a multifamily portfolio in Stamford, Conn., Commercial Observer has learned.
Greystone provided the Freddie Mac (FMCC)-backed financing on the sponsor’s Harbor Point portfolio, made up of four apartment complexes comprising a total of 989 units. Greystone’s Judah Rosenberg originated the four loans, all seven-year fixed-rate Freddie Mac mortgages with 35-year amortization periods.
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.
Read the full article on Commercial Observer.
