CBRE Arranges $89 Million Acquisition Loan For 75 Tresser Blvd.

STAMFORD, CT — CBRE, a commercial real estate services and investment firm, has arranged an $89 million loan for the acquisition of 75 Tresser Blvd., a 344-unit, four-story luxury residential property located in downtown Stamford.

CBRE arranged the loan on behalf of Monday Properties and Washington Capital, and financing was provided by Apollo Global Management.

CBRE Capital Markets’ Debt & Structured Finance team has arranged an $89 million loan for the acquisition of 75 Tresser Boulevard, a 344-unit, four-story luxury residential property located in Downtown Stamford, CT. CBRE arranged the loan on behalf of Monday Properties and Washington Capital and financing was provided by Apollo Global Management.

The new owners plan to initiate a unit renovation program and amenity upgrades to modernize the building. Built in 2014, the building offers studios, one, two and three-bedroom apartments with stone countertops, wood-style flooring, nine-foot ceilings, panoramic windows, and in-unit washers and dryers. Select units feature 12-foot ceiling lofts, Juliette balconies, patios and terraces.

The building also boasts a vast array of amenities, including three outdoor courtyards including one with a swimming pool and outdoor grilling stations, a community lounge area, catering kitchen, conference room, technology center, and a best-in-class 5,000-square-foot fitness center and yoga studio.