Regions Northeast
Marcus & Millichap Arranges Sale of 2 Connecticut M-F Complexes
Oct 3, 2008

Marcus & Millichap Real Estate Investment Services has arranged the sale of two Class A multi-family complexes - Chestnut Hill Apartments and Northwoods Apartments - in Middletown, Conn. The sales price of the portfolio is $75 million, which represents $115,385 per unit. Steve Witten and Victor Nolletti, both vice presidents investments and senior directors of Marcus & Millichap's National Multi-Housing Group in New Haven, represented the seller, Witten and Nolletti also represented the buyer. Both buyer and seller ara limited liability companies.

 
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