Connecticut

The Simon Konover Co. affiliate acquires Eden & Main Apartments
- a 55+ rental community developed by Kokes Properties

Southington, CT An affiliate of The Simon Konover Company has acquired Eden & Main Apartments, a 55+ rental community that was recently developed by Kokes Properties of New Jersey. “We are excited to add Southington to the growing list of communities we serve. This newly constructed 41-unit community is inviting, bright, and extremely welcoming. The building

Connecticut/Western Massachusetts chapter of SIOR 2022 summer/fall calendar

Conn./Western Mass. chapter meetings and events: • August 24 - SIOR CCIM Cocktails & Networking, Milford, CT. • October 13 - Member Meeting & Networking event, Essex Yacht Club, Essex, CT.

Svigals + Partners designs new lodge at The Hole in the Wall Gang Camp

Ashford, CT For The Hole in the Wall Gang Camp, founded in 1988 by the late actor and philanthropist Paul Newman, the national architecture, art and advisory firm Svigals + Partners has completed the new Young Adult Lodge, providing upgraded housing as well as program and meeting space.

Kempner Properties acquires 19-unit multifamily for $3.45 million; Kravet Realty reps the seller Charles Garufi

Stamford, CT Kempner Properties purchased a 18,908 s/f property at 470 Glenbrook Rd. for $3.45 million. The building, features 19 rental units, comprised of one and two bedrooms and 19 on-site (outdoor) parking spaces. Doug Kempner, owner/principal at Kempner Properties, said

Institutional Property Advisors closes 3-property multifamily portfolio sale

New Haven, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap negotiated the sale of a three-property, 234-unit multifamily portfolio in the city and Hamden: The Liberty Building, a 123-unit, asset in downtown New Haven; 65-unit Hamden Centre; and 46-unit Dogwood Hill

Saugatuck Commercial Real Estate sells 3,924 s/f

Westport, CT Saugatuck Commercial Real Estate (SCRE) represented United Realty in the sale of 177 Main St. Formerly the home of The Remarkable Bookstore, the 3,924 s/f retail building was sold to Conn.-based owner/user, Eleish Van Breems Home Westport.

Hannigan and O’Connell of Choyce Peterson lease 13,241 s/f to Element Solutions, Inc.

Norwalk, CT Choyce Peterson, Inc. concluded lease negotiations on behalf of Element Solutions, Inc. (ESI), for a 13,241 s/f office at MerrittView, 383 Main Ave. Choyce Peterson principal John Hannigan and vice president Charlene O’Connell represented ESI in this transaction.

Worth Avenue Capital provides $75,000 commercial loan to small business

Bristol, CT Worth Avenue Capital, LLC (WAC) closed a $75,000 commercial loan to a small business. The loan is secured by a first mortgage on real property with an underlying LTV of 30%. The borrower is using the loan proceeds to provide short term working capital for their business.

Conn./Western Mass. Chapter of the SIOR summer chapter meeting held at Pine Orchard Yacht and Country Club

Branford, CT The Connecticut / Western Massachusetts Chapter of the Society of Industrial & Office Realtors recently held its summer member meeting and event at Pine Orchard Yacht and Country Club.  Following a regular quarterly meeting, as the skies were clearing from an earlier seasonal rain, members enjoyed a boat ride aboard

Fantini & Gorga places $38 million for 324-unit Country Glen Apartments

Groton, CT Fantini & Gorga (F&G)has placed $38 million in permanent financing on Country Glen Apartments, a 324-unit multifamily community situated on a 30-acre campus located in the seaside town. “We were able to secure significant cash-out proceeds for the owners through our correspondent lender’s dexterous use