Pantzer Acquires Class A Multifamily in Downtown Stamford
A CBRE team led by Jeffrey Dunne, Eric Apfel, Stuart MacKenzie, Travis Langer, and Eric Greenberg closed the sale of Stamford Urby, a 641-unit Class A multifamily community in downtown Stamford, CT, for $221,000,000. CBRE exclusively represented the seller.
The buyer is Pantzer, a fully integrated owner/operator of multifamily assets along the Eastern region of the U.S. The property was renamed The Point Stamford. Maxi Leachman of CBRE secured the debt for Pantzer.
The property was developed in two phases (2019 and 2023) and offers a comprehensive amenity package. It is less than a half-mile walk to the Metro-North Stamford Train Station, providing direct access to Manhattan in less than an hour.
“The property represented a rare opportunity to acquire scale in one of the Northeast’s fastest-growing submarkets,” said Dunne. “The property’s design, amenities, and location fit squarely within the profile of best-in-class communities in high-growth, transit-oriented markets.”
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout