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Return Summary

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IRR*

Equity Multiple*

Holding Period

* For active deals, IRR and EM return metrics are projected values that are underwritten with realized distributions, projected distributions, and a conservative terminal value.

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News

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100-unit apartment complex in Wilton sells for $41.5M

A 100-unit apartment complex on well-traveled Route 7 in Wilton has traded for $41.5 million, according to the buyer.
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Fairfield developer buys 42-acre vacant parcel in Milford

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.
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