Stamford, Ct Apartment Building Sells for $98.8 Million.
July 31, 2013 via Newstimes.com
New York City based Clarion Partners a global real estate investor has purchased the newly built 22 story deluxe apartment building at Harbor Point, Stamford. Known as Infinity Apartments, it was built by local developer Building & Land Technology in 2012 containing 242 units with more than 95% of it rented out.
The sale follows another sale by BLT of a six story, 329 unity complex called The LockWorks last December to Wafra Investment Advisory Group at a cost of $130 million.
BLT still has an additional two more apartment buildings under construction (110 Town Street & 301-401 Park) plus a newly open one at 111 Harbor Point. BLT has plans to build 4,000 units at Harbor Point, a project with an estimate cost of $3.5 billion.
David Popoff is a license Connecticut Real Estate Broker in Realtor lower Fairfield County, Connecticut.
DMK Property Management llc a locally owned company serving lower Fairfield County, Connecticut.
Specializing in Residential Property Management that can custom tailor a program to fit the homeowners needs be it short term or long term from rental management to full estate management.
DMK Real Estate, Darien,
click on logo to go to website