Mission Capital Advisors Arranges $24.5M Loan for Office Building in Connecticut

January 11, 2016

Source: RE Business Online

Mission Capital has arranged a $24.5 million loan for an office building in Stamford, CT.

Mission Capital Advisors Arranges $24.5M Loan for Office Building in Connecticut

January 11, 2016 By Amy Works

The ownership recently upgraded and repositioned the 191,000-square-foot office

property located at 9 W. Broad St. in Stamford.

STAMFORD, CONN. — Mission Capital Advisors has arranged a $24.5 million loan for an office building located 9 W. Broad St. in Stamford. The borrower was a joint venture between certain funds managed by Westport Capital Partners and Forstone Capital. The 191,000-square-foot property was recently repositioned and upgraded by the ownership, which acquired the nearly vacant property in 2013. The property now features a ground-floor cafeteria, fitness center, conference rooms, lobbies and common areas. Additionally, the building features 540 on-site parking spaces and a shuttle service to the Stamford Transportation Center. Jordan Ray, Ari Hirt, Steven Buchwald and Lexington Henn of Mission Capital represented the borrower in the financing

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