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Brookfield Sells Connecticut Multifamily Properties

Brookfield Sells Connecticut Multifamily Properties
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

Brookfield Sells Connecticut Multifamily Properties

Brookfield Sells Connecticut Multifamily Properties
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

164 condominium units in Avon sell for $33 75M

Most of the dwellings that comprise the 188-unit Avon Place condominium have sold to a Brooklyn, New York real estate investor. The transaction involved 164 units, or 87% of the total, which were sold to Avon Place LLC, controlled by Ahron Rudich of Empire Realty USA, for $33.75 million. The sale was recorded Oct. 3. Institutional Property Advisors, a division of Marcus & Millichap, brokered the deal.

Portfolio of six Manchester apartment complexes sells for $65 7M

Six Manchester apartment complexes with a combined total of 418 units recently sold for $65.7 million. The sales, all recorded Aug. 26, were immediately preceded by a division of interests in the complexes between West Hartford apartment investor-operator KWK Management and two unnamed partners.

Wethersfield apartments sell for $24 7M

The Folly Brook Manor apartments in Wethersfield are under new ownership. According to information provided by the Wethersfield Town Clerk’s office, the 184-unit complex on Folly Brook Boulevard sold Dec. 9, for $24,720,000. Wethersfield Folly Brook LLC transferred the property to Folly Brook Apartments LLC. Folly Brook Apartments LLC was formed in Delaware in November, and is controlled by Folly Brook JV LLC, state business records indicate. It has a listed address in Lakewood, New Jersey.

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