Category: Connecticut
Pappas of Chozick sells 49 units for $7.05 million at The Forest Condos
November 18, 2022
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
November 18, 2022
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
November 18, 2022
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 Lof...
November 18, 2022
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
November 18, 2022
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 Brandfor...
November 18, 2022
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
November 18, 2022
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
November 18, 2022
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.
November 18, 2022
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.
Brown Harris Stevens Conn. awards scholarships
November 18, 2022
Greenwich, CT Brown Harris Stevens Connecticut, in partnership with Person to Person, has named the inaugural recipients of the Brown Harris Stevens Scholarship Fund. Each year through an application process, 10 local Fairfield County students will receive $20,000 in funds to help them reach their higher education goals.
Grossman, Callahan, and Long Wharf begin Meadow Commons
November 18, 2022
Newington, CT Grossman Development Group (GDG), in partnership with Callahan, Inc. and Long Wharf Capital, has launched construction at Meadow Commons, a 24-acre mixed-use destination. Washington Trust is supplying the debt for the retail portion of the development.
Worth Avenue Capital provides $1.05 million debt financing for 20,000 s/f industrial project
November 18, 2022
North Haven, CT Worth Avenue Capital, LLC closed a $1.05 million construction loan to a real estate developer/contractor. The loan proceeds will be used as additional construction financing for a development project on an asset that is located in an industrial park.
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