Tremont Structures $14,000,000 Financing for Connecticut Land Development
The Hartford office of Tremont Realty Capital structured financing for the refinance of City Place, a to-be-built, 102-unit luxury condominium project located in Stamford, Connecticut.
Stephen Henderson, a Senior Director with Tremont, arranged the $14,000,000 bridge loan, which was funded through a capital partner. The property has all approvals and the developer is getting ready to commence construction. According to Henderson, “Timing was paramount to the transaction and with the cooperation of the borrower and his broker Mark Conzelmann of Pinnacle Financial Group; Tremont was able to meet the Borrower’s needs.”
For additional information on this transaction,
please contact:
Stephen Henderson
Senior Director
Email: shenderson@tremontcapital.com
Phone: 860.548.9289
