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Goldman Sachs acquires 110-unit Bronxville community
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Harbor Group acquires upstate apartment property for $54M
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CBRE announced the $34.8 million sale of Alvista Willow Brook, a 180-unit apartment community located in Meriden, CT.
The CBRE team of Jeffrey Dunne, Simon Butler, Biria St. John, Gene Pride, Jeremy Neuer, Steve Bardsley, David Gavin and Travis Langer represented the seller, an affiliate of Phoenix Realty Group (PRG), an active multifamily owner, operator, equity investor, developer and fund manager with properties throughout the United States, while also procuring the buyer, Beachwold Residential.
Built in 2005, the seller has completed renovations to 70 percent of the units and the community features a resident lounge, fitness center, outdoor pool, covered private garage parking and a leasing office. Located in the Hartford suburbs, it is proximate to I-91.
Stamford apartment complex sells for $84 million
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The Fairfield, a 263-unit apartment complex in Stamford, Conn. has sold for approximately $84 million in the city’s second-largest property sale of 2021.Contributed photo /CBRE
STAMFORD The Fairfield, a 263-unit apartment complex in the city center, has sold for approximately $84 million, in Stamford’s second-largest property sale of the year.
Located at 100 Morgan St., The Fairfield was acquired by San Francisco-based real estate investment company FPA Multifamily. The price for the 1996-built property compares with a “total appraised parcel value” of about $58 million, according to city records.
The seller was EQR-Fairfield LLC, according to city records. It lists the same business address in Chicago as Equity Residential, an S&P 500-listed company focused on the rental-apartment market.
Stamford apartment complex sells for $84 million
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