CBRE arranges sale of 100-unit White Oaks at Wilton for LaSalle Investment Management

Wilton, CT Representatives of CBRE, led by Jeffrey Dunne, Eric Apfel, Stuart MacKenzie, and Travis Langer, brokered the sale of White Oaks at Wilton, a 100-unit apartment community. CBRE represented the seller, LaSalle Investment Management, and procured the purchaser, CT Realty Trust. CT Realty Trust is a Connecticut-based multifamily owner, operator, and developer with over 1,200 units under management and in active development. The firm is expanding its portfolio through acquisitions and ground-up development across the Northeast.

Located on a hilltop in the town, this property benefits from its proximity to one of the state’s top public school systems and key employment centers in Stamford, Norwalk, and Danbury. Built in 2011, the property has an amenity package, including a heated swimming pool, fitness center, and outdoor recreational spaces.

The surrounding area offers amenities that cater to residents’ lifestyles. Located along the Rte. 7 corridor, White Oaks provides access to major retailers alongside a variety of dining options from casual eateries to fine dining establishments. 

“We are pleased to have represented LaSalle Investment Management in this transaction,”said Dunne. “White Oaks at Wilton exemplifies an institutionally maintained multifamily community, and its excellent location combined with the buyer’s planned improvements will ensure its continued success.”

Apfel said, “White Oaks at Wilton is a standout investment in a thriving community. The combination of its strategic location, attractive assumable debt, and the potential for value-add renovations makes it a compelling opportunity for investors looking to capitalize on the growing demand for high-quality multifamily housing in this affluent market.”

White Oaks at Wilton represents exactly the type of high-quality community we aim to grow our platform around,” said Bard Kligerman, CEO of CT Realty Trust. “As we continue to scale both our acquisitions and our ground-up development pipeline, we’re focused on delivering best-in-class housing to communities across Connecticut and the Northeast.”

The community is positioned less than 10 minutes from the Merritt Pkwy. and I-95, ensuring connectivity to the greater region, including New York City, one hour away. With a demographic profile featuring high household incomes and limited housing supply, White Oaks at Wilton is set to thrive in this desirable suburban market.