News: Connecticut

Cornerstone arranges $5.5m for acquisition of Crestview Apts.

West Haven, CT Cornerstone Realty Capital recently arranged $5.5 million for the acquisition of Crestview Apartments. The property consists of 63 one-bedroom, one-bathroom units with kitchens that feature stainless steel appliances, full-range ovens, and dishwashers. Hardwood flooring is found throughout the units, giving the space a nice aesthetic. Each unit has ample space with an average unit size of 900 s/f. Amenities at the pet-friendly property include an outdoor pool and surrounding patio, on-site laundry facilities, and 90 off-street parking spaces. 

The property is located close to the University of New Haven and Yale New Haven Hospitals. Crestview Apartments is a little over a mile and a half away from the West Haven Train Station with access to New Haven and Stamford as well as Grand Central Station in New York City. Tenants will enjoy having both a Dunkin’ and Starbucks close to the property, as well as the New Haven Shopping Plaza.

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Galton of Houlihan Lawrence sells 15,800 s/f Wake Robin Inn for $3.5m

Lakeville, CT Houlihan Lawrence Commercial, a division of Houlihan Lawrence, a real estate firm serving Connecticut and New York City’s northern suburbs, has brokered the sale for $3.5 million of the Wake Robin Inn, a 15,800 s/f historic inn located on 11.52 acres at 106 Sharon Rd.
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