Reliant Partners And INV360 Acquire Multifamily Asset From Jasko Development For $31.07M

The transaction involves a multifamily property located at 267 Main Street in New Britain, CT. The property was sold for $31,070,000, encompassing 107 units. It has a total square footage of 89,245, resulting in a price per unit of $290,373 and a price per square foot of $348.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $31,070,000
• Units: 107
• Square Footage: 89,245
• Price Per Unit: $290,373
• Price Per Square Foot: $348
• Buyer: Reliant Partners - Shimon Jacobovits & INV360
• Seller: Jasko Development
• Broker: Victor Nolletti - Institutional Property Advisors
• Transaction Date: 12/31/2025

Key individuals involved in the transaction include Shimon Jacobovits, who represents Reliant Partners, and Victor Nolletti, who represents Jasko Development through Institutional Property Advisors.