Luxury Apartment Complex in Meriden Sells for $9M
Hartford News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Reliant Partners, a New Jersey investor, acquires Meridens luxury apartment complex, Pomeroy Place, for $9.03 million. The four-story, 42-unit building, developed by A.R. Building Company, targets upscale renters and was sold to Reliant through their LLC, Pomeroy Apartments LLC. This deal signifies Reliants growing interest in Connecticuts multifamily market. The new owners secure an $8.62 million mortgage from OBRA Real Estate, Chicago, amid rising interest rates. The sale, brokered by Marcus and Millichap, indicates confidence in Connecticuts housing boom.
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