The Link

An office property in Stamford, Connecticut. Securitized in 2 CMBS deals in 2025.

$191.9MAppraised value (latest deal)
92.0%Occupancy
$15.8MUnderwritten NOI
8.2%Implied cap rate
Address
200 Elm Street and 695 East Main Street, Stamford, CT 06901
Property type
Office · Suburban
Year built
1984
Size
558,040 SF
Sponsor
Paul Wasserman, Nathan Wasserman and Shaya Laban A/K/A Shiya Labin
Loan purpose
Refinance
Largest tenant
Indeed

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BMO 2025-5C92025-03-20$191.9M92.0%$15.8M8.2%$10.0M59.9%1.73x424B
BMARK 2025-V152025-05-23$191.9M92.0%$15.8M8.2%$15.0M59.9%1.73x424B

Historical NOI reported in BMARK 2025-V15

Period endingNOI
12/31/2024$12.8M
12/31/2023$15.0M
12/31/2022$13.1M

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%.