Greenwich Office Portfolio
An office property in Greenwich, Connecticut. Securitized in 1 CMBS deal in 2022.
$78.7MAppraised value (latest deal)
100.0%Occupancy
$4.9MUnderwritten NOI
6.2%Implied cap rate
- Address
- 1 Lafayette Place and 1 East Putnam Avenue, Greenwich, CT 06830
- Property type
- Office · Suburban
- Year built
- 1940
- Size
- 90,268 SF
- Sponsor
- Bradford Allen Enterprises LLC
- Loan purpose
- Acquisition
- Largest tenant
- Wells Fargo Bank
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BBCMS 2022-C18 | 2022-12-14 | $78.7M | 100.0% | $4.9M | 6.2% | $42.9M | 54.5% | 1.84x | 424B |
Historical NOI reported in BBCMS 2022-C18
| Period ending | NOI |
|---|---|
| 9/30/2022 | $4.5M |
| 12/31/2021 | $4.6M |
| 12/31/2020 | $3.8M |
More CMBS properties in Connecticut →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.