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IPA Closes Hartford-Area Sale of Value-Add Multifamily
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IPA Closes Hartford-Area Sale of Value-Add Multifamily
Institutional Property Advisors (IPA), a division of Marcus & Millichap, completed the sale of Rivers Bend Apartment Homes, a 432-unit multifamily asset in Windsor, CT. Sale terms were not disclosed. “Rivers Bend is a value-add asset that draws upon a renter pool of nearly 24,000 people with average annual household income over $120,000,” said Victor Nolletti, IPA executive managing director investments. “All direct-entry homes highlight this as…
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