Atlantic Station
NEW YORK CITY- RXR Realty has completed a $97 million loan for a mixed-use project in Stamford, CT. The financing will fund the Atlantic Station II, a luxury residential building, comprised of 325 units and 48,000 square feet of retail at 405 Atlantic St.
Jones Lang LaSalle arranged the deal on behalf of RXR, securing a floating rate construction loan from Bank OZK. The loan for Atlantic Station Phase II follows the completion of Atlantic Station Phase I at 335 Atlantic, consisting of 325 luxury condo-like rental units. Delivered in January 2018, the first phase experienced strong leasing velocity due to heavy demand.
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
