News:
Brokerage
Posted: March 27, 2026
Baldwin Pearson & Co. brokers $3.05 million sale of 17-unit apartment
New Haven, CT Baldwin Pearson & Co., Inc. has arranged the sale of 850 Grand Ave., a 17-unit apartment building located on the fringe of the Wooster Square neighborhood.
The property was originally a mixed-use building and was converted to a fully residential apartment property prior to closing. At the time of the sale, the asset consisted of 17 apartment units.
The property traded for $3.05 million, or $179,412 per unit.
Located along the Grand Ave. corridor, the property is situated near the Wooster Square neighborhood and within proximity to downtown New Haven and Yale University. The area continues to attract multifamily investment due to its access to employment centers, neighborhood retail, and walkable amenities.
Tags:
Brokerage
Connecticut
MORE FROM Brokerage
Goldberg of Spire Investments purchases Beverly portfolio for $9.2m
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
Quick Hits
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.