Connecticut

Conn. CCIM to hold year-end holiday dinner & installation of officers

Hamden, CT The CCIM Connecticut Chapter will hold their annual holiday dinner party and incoming 2023 officer installation ceremony on Thursday December 15, 2022 from 5:00-9:00pm. The event will take place at the New Haven Country Club.

Pappas of Chozick sells 49 units for $7.05 million at The Forest Condos

Farmington, CT Steve Pappas of Chozick Realty Inc. arranged the sale of 49 condominium units within The Forest Condominiums. The closing sale price was $7.05 million or $143,878 per unit for this investment package within the larger Forest condominium complex.

Horvath & Tremblay sells two-building mixed-use for $1.19 million

Branford, CT Tom Connor, Bob Horvath, Todd Tremblay and Matt Nadler of Horvath & Tremblay have completed the sale of 562-567 Main St. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $1.19 million.

Belpointe OZ acquires 19-acre development site near UConn. Storrs

Storrs, CT Belpointe PREP, LLC (Belpointe OZ), a publicly traded qualified opportunity fund, has completed the acquisition of 1750 Storrs Rd. The property is a 19-acre development site located near the University of Connecticut, where the Belpointe OZ anticipates building a 120-unit class A multifamily mixed-use development.

Institutional Property Advisors brokers $117 million multifamily portfolio - includes Winchester Lofts, 1111 Stratford Apartment Homes, and River Lofts at Ashton Mills

New Haven, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, sold Winchester Lofts, 1111 Stratford Apartment Homes, and River Lofts at Ashton Mills, a three-property, 481-unit multifamily portfolio in Connecticut and Rhode Island.

Trotta of Lyman R.E. sells 198 acres to Douglas Const. for $1.6 million

Killingly, CT Douglas Construction, which had bought 58 acres on Hartford Pike in March, has purchased another parcel of 198 acres, at 605 Providence Pike and 200 Hubbard Hill Rd.

Wyeth Architects earns 2022 Elizabeth Mills Brown Award of Excellence for Legacy Theatre in Brandford, CT

Branford, CT Wyeth Architects received a 2022 Elizabeth Mills Brown Award of Excellence for their work on the Legacy Theatre. The Legacy Theatre was built in 1886 as a non-denominational church for the residents and visitors to Stoney Creek in Branford.

A.P. Construction promotes Orlando, Kammerer, Nystrom, and Seferidis

Stamford, CT A.P. Construction Company (APC) has promoted Joe Orlando to senior vice president of operations; Mark Kammerer to vice president of construction; Reid Nystrom to vice president of construction; and Dimitri Seferidis as director of preconstruction.

Russell of H. Pearce named CoStar’s Power Broker Quarterly Deals

North Haven, CT CoStar Group, Inc., named the CoStar Power Broker Quarterly Deals winners for the third quarter of 2022. Carl Russell of H. Pearce Real Estate came out on top in the list of winners in Westchester/Southern Connecticut.

Dunne, Bardsley, and Langer of CBRE sell 161,222 s/f 40 Danbury Rd.

Wilton, CT Jeffrey Dunne, Steven Bardsley, and Travis Langer of CBRE’s Institutional Properties represented the seller, Wilton 40/60, LLC, in the sale of 40 Danbury Rd. CBRE also procured the buyer, Danbury Holdings DE LLC, an entity managed by Northpath Investments.