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Avison Young arranged a reported $22.5 million permanent mortgage from Bank of Montreal for Harbor Square, a 165,114-square-foot office campus at 700 and 850 Canal Street in Stamford, Connecticut. The investor group led by Mountain Development Corp. is the borrower-side party identified in the transaction report.
What the Harbor Square financing covers
CRE MarketBeat reported the transaction on October 5, 2026, describing the debt as a permanent mortgage. The collateral is Harbor Square, a multi-building office campus spanning the two Canal Street addresses. The report identifies Bank of Montreal (BMO) as lender and says Avison Young arranged the financing. CRE MarketBeat’s transaction report
Who was involved
The investor group was led by Mountain Development Corp. CRE MarketBeat names Avison Young principals Scott Singer and Andy Singer, executive director Kevin Swartz, and senior director Jeff Moroch as leading the assignment, working with Mountain Development Corp. president Michael Seeve. BMO representatives named in the report are Rich Bianchi and Rick Grassey. CRE MarketBeat’s October 5 report
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The transaction report does not provide the mortgage’s interest rate, maturity, amortization schedule, loan-to-value ratio, property valuation, occupancy, tenants, rents, or debt metrics. The amount alone therefore does not establish the loan’s pricing, underwriting, or the campus’s operating performance.
#1 Best Overall
- Assembly Required: This wood model ship kit needs to be built and produced by the user. The effect shown is for reference only, and the actual finished product varies depending on the level of the producer. Tools and glue are not included
- Dimensions: Due to this building model ships being DIY handmade, the finished size would be slightly different by the producers. Reference size provided: total size of this ship model is approximately L400 mm x H300 mm x W150 mm. The length is 40 centimeter (15.7 inches) including the foremast, the deck is about 23 centimeter (9 inches), and the keel is about 27 centimeter (10.6 inches)
- Premium Accessories Included: This model ships kit contains most upgrade accessories including round stick, English color manual, metal anchors, brass 9 pin, brass cannons, brass rings, rope, finished sails, round wooden barrels, anchor eye ring, brass anchor chain, and steel ball
- Quality Materials: The ship model kit is made of quality basswood laminate. Since it is a scale boat model, the smaller the boat, the smaller and thinner the board, requiring careful assembly. Some parts need to be bent such as deck and side chord, which is why appropriate board thickness is used to allow bending without breaking
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The report describes Harbor Square as having historic architecture and transit connectivity, but those are its characterizations rather than independently documented property details in the material available. It includes no direct verbatim quote from a named participant and no marketwide statistic that would support a broader conclusion about office lending or Stamford’s property market.
Quick Recap
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- Revell Model Kit #85-5810, Skill Level 4, Contains 66-Parts, Recommended for ages 12 and up
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