Mastering Multifamily and Build-for-Rent Strategies with Bard Kligerman - Co-Founder and CEO of CT Realty Trust

Over nearly 50 years in the real estate business, Connecticut Realty Trust Chairman Robert Kligerman has prospered in areas overlooked by others. It worked for him in the early 1970s, when Kligerman was a young broker focused on office properties on the periphery of New York City, which turned into a surprise success.

A Fairfield developer has purchased a 42.1-acre vacant piece of land in Milford for $1.5 million from AvalonBay Communities Inc., with plans to build a 160-unit housing complex on the site. Brad Kligerman, CEO of Fairfield-based multifamily developer Connecticut Realty Trust, confirmed that he is buying the parcel, at Wolf Harbor and Wheelers Farm roads, from the Arlington, Virginia-based housing giant. “I’m looking to be collaborative with the town and find a way to get this project off the ground,” he told the Hartford Business Journal.

Bard brings a unique buisness philosophy to his operation. CT Realty Trust is focused on creating clean and safe assets where his residents are happy to live. He's succesfully reduced his vacancy rates, well below the general market, and he has strong, long-standing partnerships with his residents.‍