CRONHEIM MORTGAGE ARRANGES $5.5M FOR GREENWICH OFFICE BUILDING

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GREENWICH, CONN. — Cronheim Mortgage has arranged a $5.5 million loan for a 43,000-square-foot, four-story office building and a two-story, 26,800-square-foot parking structure in Greenwich. The properties are located south of the intersection of U.S. Route 1 and Mason Street in Fairfield County. Aviva Life and Annuity Co. provided the loan, which carries a 3.9 percent interest rate, for Mason Associates of Greenwich LLC. The property was constructed in 1966 and is currently 100 percent occupied by 15 tenants.

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