News: Connecticut

La Fontaine of Star Commercial arranges $27 milllion financing

Shelton, CT Joe La Fontaine, investment specialist at Star Commercial, Real Estate arranged $27 million financing of the Marketplace located at 405 Bridgeport Ave.

The financing will convert from a construction loan into a permanent upon completion of the construction during the fall. This 132,000 s/f retail center, is anchored by Big Y Supermarket which, in addition to other tenants, was leased by Roberta Sullivan, retail specialist, at Star Commercial.

MORE FROM Connecticut

Highcap Group brokers $41.1 million sale of two building multifamily portfolio

Norwalk, CT Highcap Group has completed the sale of two luxury multifamily properties with a total of 120 units for a combined purchase price of $41.4 million.

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