Palm Beach

1501 Corporate Dr

Suite 240

Boynton Beach, FL 33426

T: 561.588.0132

Atlanta

 

3414 Peachtree Rd NE

Suite 270

Atlanta, GA 30326

T: 470.206.7001

Vancouver

745 Thurlow St

Suite 1700

Vancouver, BC V6E 0C5

T: 604.689.0821

Toronto

401 Bay St

Suite 1404

Toronto, ON M5H 2Y4

T: 416.350.1224

Dallas

5055 Keller Springs Rd

Suite 500

Addison, TX 75001

T: 214.545.0951

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*All figures on this website are denoted in USD$

Mixed-Use Construction | $45,421,114 |  Darien, CT

Trez Forman Capital has funded a $45.4 million loan for a mixed-use redevelopment. The project, Noroton Heights, is one of the first redevelopments in the town in many years. The transaction closed on November 15th. Noroton Heights & Company, LLC is the borrower and affiliated parties own and operate the adjacent Palmer’s Market.

Trez Forman president and CEO Brett Forman and Russ Holland, managing director from the firm’s Atlanta office, arranged the financing. Located on four acres at 264 and 346 Heights Rd., Noroton Heights is planned to include retail, restaurants, 59 apartments and an underground parking garage. Four existing buildings constructed in 1960 are set to be demolished to make way for the construction of three brand-new buildings. Construction of a skybridge connecting two of the buildings is also planned.

The area is primarily a commuter town, as many residents work in nearby New York City. The Noroton Heights metro north rail station connects to the redevelopment site.