B3 Holdings Acquires Multifamily Assets In New Haven, Stratford, And Cumberland For $117M

The multifamily property located at 275 Winchester Avenue & 1111 Stratford; & 51 Front St, was recently sold in a transaction in New Haven, Stratford CT, and Cumberland, RI. The property was acquired by B3 Holdings from the seller, Brookfield Asset Management. The sale was facilitated by Victor Nolletti, Eric Pentore, and Wes Klockner of Institutional Property Advisors. The transaction closed on 11/04/2022 for a total sale price of $117,000,000.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $117,000,000
• Market: New Haven, Stratford CT, and Cumberland, RI
• Buyer: B3 Holdings
• Seller: Brookfield Asset Management
• Brokers: Victor Nolletti, Eric Pentore, and Wes Klockner - Institutional Property Advisors

The sale of this multifamily property highlights the successful collaboration between B3 Holdings and Brookfield Asset Management. The involvement of Victor Nolletti, Eric Pentore, and Wes Klockner from Institutional Property Advisors further strengthened the deal, ensuring a smooth and efficient transaction.