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Simsbury apartment community acquired for $48M

A 168-unit apartment community in Simsbury has sold for $48 million.

According to brokers involved in securing a loan for the purchase, The Pointe at Dorset Crossing Apartments, located at 55 Dorset Crossing Drive, was acquired by Beachwold Residential LLC, a New York-based real estate company that develops, buys and manages multifamily properties.

The deal closed Monday, land records show.  Beachwold Residential is controlled by Gideon Friedman, state business records show.  ....

New York , United States , New Jersey , Freddie Mac , Gideon Friedman , Yechezkel Landau , Dorset Crossing Apartments , Beachwold Residential , Crossing Drive , New York Based ,

Farmington Marriott hotel slated for apartment conversion sold for $21.5M

The former Hartford Marriott Farmington hotel, which received town approval this summer to be converted into an apartment project, has sold for $21.5 million and is now under new ownership, town records show. 

The  381-room hotel at 15 Farm Springs Road, which closed earlier this year, sold Oct. 7, property records show.  ....

New York , United States , New Jersey , Shannon Rutherford , Robert Schlesinger , Jason Schlesinger , Hartford Marriott Farmington , Yechezkel Landau , Farm Springs , Springs Road , Town Planner Shannon Rutherford , Greater Hartford ,