Beachwold Buys Newington Apartment Complex for $78M
Hartford News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Beachwold Residential Acquires Newington Apartment Complex for $78.115M
Beachwold Residential, a family-owned multifamily investor, has purchased the Millyard at Meadow Commons apartment complex in Newington for $78.115 million. The complex features 269 units across three buildings on 13.3 acres, with modern amenities like a heated pool, fitness center, and co-working spaces. Beachwold plans to manage the property, adding to their portfolio of over 16,000 units in several states. This acquisition follows their recent purchases in Connecticut, including a 132-unit complex in Bloomfield and a 99-unit townhome site in Shelton. The transaction was facilitated by Institutional Property Advisors, with key brokers including Victor Nolletti, Eric Pentore, and Wes Klockner.
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