(Read more on the multifamily market.)
NEW HAVEN, CT-The Stony Brook Village Apartments complex in EastHaven has been traded in a $22.2-million transaction. Also the147-unit Highland Ridge Apartments property in Waterbury has soldfor $9 million. Marcus & Millichap's Steve Witten and VictorNolletti were the sole brokers in both deals.
Stony Brook Village is a 165-unit garden-style luxury apartmentdevelopment that was built in two phases in 1989 and 1996 on morethan 20 acres. The property was sold by Stony Brook Village LLC andpurchased by HP Stony Brook LLC. Attorney Kenneth Gliedman ofLichter, Gliedman, Offenkrantz PC of New York City represented theseller while Andrew Shott of Struass & Troy LPA of Cincinnatirepresented the purchaser.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
