RAK Realty Acquires MultiFamily Asset In Haddam, CT From Elm Tree Communities For $27M

The property asset involved in the transaction is a MultiFamily building located at 3 Brookes Court, Haddam, CT. The sale price for this asset was $27,000,000, encompassing a total square footage of 85,096, resulting in a price per square foot of $317.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $27,000,000
• Address: 3 Brookes Court
• Market: Haddam, CT
• Square Footage: 85,096
• Price Per Square Foot: $317
• Buyer: RAK Realty
• Seller: Elm Tree Communities
• Broker Representatives: John Flaherty, Jon Bryant, Steve Simonelli, Anthony Nakhle & Mitchell Sampson - JLL

The key individuals involved in this transaction include RAK Realty as the buyer and Elm Tree Communities as the seller, with JLL representing all the brokers, namely John Flaherty, Jon Bryant, Steve Simonelli, Anthony Nakhle, and Mitchell Sampson, facilitating the deal.