CBRE Arranges Sale of 246-Unit Halstead Milford rew-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rew-online.com Daily Mail and Mail on Sunday newspapers.
Groton ― A multifamily housing developer is proposing a 201-unit apartment complex on Drozdyk Drive with a connection to The Ledges, an adjacent complex.
Representatives for Merion Realty Partners o.
NH Business Review
Boston firm acquires 252-unit Timberwood Commons
March 3, 2021
Timberwood Commons, a 252-unit market-rate multifamily complex in Lebanon, has been sold for $69.25 million.
The buyer, an affiliate of Audubon Capital Partners of Boston, acquired the 42.63-acre community from Philadelphia-based Merion Realty Partners. CBRE Capital Markets’ Simon Butler, Biria St. John and John McLaughlin represented Merion and procured the buyer.
Located less than a mile from Dartmouth-Hitchcock Medical Center, the complex sits on 42.63-acres with five three-story garden-style buildings and a five-story elevatored midrise building.
The community also features a freestanding clubhouse with a business center, community room and fitness center. According to CBRE, Merion, which acquired Timberwood in June 2014, had recently started a renovation program including the installation of plank flooring and installation hard-surface countertops.
UpdatedThu, Dec 24, 2020 at 8:34 am ET
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Avalon Stratford, a 130-home luxury apartment complex in Stratford, has been sold. (Photo courtesy of CBRE)
STRATFORD, CT Avalon Stratford, a 130-home luxury apartment complex at 1000 Avalon Way in Stratford, has been sold for an undisclosed amount, CBRE announced this week.
The CBRE team of Jeffrey Dunne, Gene Pride, Jeremy Neuer, Steve Bardsley, David Gavin, Travis Langer and Stuart MacKenzie represented the owner, AvalonBay Communities, while also procuring the buyer, Merion Realty Partners, according to a news release. We are delighted to have represented AvalonBay in the sale of Avalon Stratford, CBRE s Jeff Dunne said. This is a strategic investment by Merion to whom we sold a separate 250-home apartment community earlier this year in adjacent Shelton, Connecticut. There are obvious operational efficiencies to owning both assets, which bodes well for Merion s investment as they continue to expand their presence in Conn