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Bank OZK Lends $76M for Connecticut Office-to-Resi Conversion

A joint venture between Saber-Hightower and Granoff Real Estate has sealed $75.5 million of construction financing for an office-to-residential conversion project in Connecticut’s Fairfield County, Co

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Summary

A joint venture between Saber-Hightower and Granoff Real Estate has sealed $75.

5 million of construction financing for an office-to-residential conversion project in Connecticut’s Fairfield County, Commercial Observer has learned.

Bank OZK provided the loan on the sponsorship’s 286-unit M7 Lofts development in Norwalk, Conn., where two eight-story office buildings now sit within the Merritt 7 […]

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