Long Wharf

Location: New Haven, CT
Type: Office
Price: $ 31,000,000

SMC provided a $31,000,000 first mortgage loan to refinance 545 Long Wharf, a 249,962 SF Class-A office building located in New Haven, CT. The Property offers views of New Haven Harbor, significant visibility, and immediate highway access to Interstates 95 and 91. The building is the regional headquarters for AT&T and provides all its tenants with an abundance of amenities including valet parking, a full service restaurant, daycare and a parking garage. SMC closed the Loan within 30 days of application, allowing the Borrower to repay its existing Loan prior to maturity.