News: Connecticut

Musilli of GVA Williams handles $4.8m deal at 917 Bridgeport Ave.

GVA Williams of Connecticut brokered the $4.8 million sale of approximately eight acres at 917 Bridgeport Ave. to AvalonBay Communities, Inc. Avalon plans on building a 99-unit apartment complex. The property was owned by Cranberry Hill LLC. According to Dominick Musilli, the sole broker in the transaction, "It was a pleasure working with both AvalonBay and Cranberry Hill throughout the process. I believe all of the parties involved, including the City of Shelton, were ultimately pleased with the outcome."
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Highcap Group brokers $41.1 million sale of two building multifamily portfolio

Norwalk, CT Highcap Group has completed the sale of two luxury multifamily properties with a total of 120 units for a combined purchase price of $41.4 million.

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