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Connecticut
Witten and Nolletti of Marcus & Millichap sell Waterford Commons for $42.775m
Manchester, CT Steve Witten and Victor Nolletti of New Haven-based Marcus & Millichap Real Estate Investment Services have arranged the sale of Waterford Commons, a 303-unit luxury multifamily community for $42.775 million ($141,172 per unit).
Witten and Nolletti, both vice presidents, investments and senior directors of Marcus & Millichap's National Multi Housing Group in New Haven, represented the seller, California State Teachers' Retirement System, and the buyer, Waterford Commons, LLC.
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Houlihan Parnes/iCap Realty Advisors places $2.5m mortgage
Preston, CT Dave Rabinowitz and James Coleman of Houlihan Parnes/iCap Realty Advisors recently placed private financing on a 153-acre resort and RV campground known as Strawberry Park. The property includes three outdoor swimming pools, whirlpools and wading pools, a 20,000 s/f two-story recreational building with a food service operation, game room, and restrooms with hot showers. Other amenities include a large enclosed amphitheatre, shuffleboard, bocce ball, basketball and volleyball courts, two ...