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Connecticut
Posted: January 2, 2008
Tremont Realty Capital structures $3m financing for Conn. bank portfolio
Stephen Henderson, a senior director with Tremont Realty Capital, arranged the $3 million loan for the refinancing of a portfolio of bank buildings located in various locations throughout Connecticut, funded through a regional bank.
The 10-year non-recourse loan provided for roughly 75% loan-to-value, with a competitive interest rate. The properties were 100% occupied at the time of closing. Major tenants include local and national banks.
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Connecticut
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Galton of Houlihan Lawrence sells 15,800 s/f Wake Robin Inn for $3.5m
Lakeville, CT Houlihan Lawrence Commercial, a division of Houlihan Lawrence, a real estate firm serving Connecticut and New York City’s northern suburbs, has brokered the sale for $3.5 million of the Wake Robin Inn, a 15,800 s/f historic inn located on 11.52 acres at 106 Sharon Rd.
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