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Boston & New England  + New England  + Apartments  |  August 4, 2021
David Cohen
By: David Cohen

Connecticut Apartments Trade for $63M

Institutional Property Advisors has brokered the $63 million sale of The Preserve at Great Pond, a newly-constructed, 230-unit apartment complex in Windsor, CONN.

Built in 2020 on more than 12 acres, The Preserve at Great Pond has 16 floor plans and a unit mix of studios, one-, two- and three-bedroom units with views of the woods and pond. Apartments have nine-foot ceilings and balconies or patios. Amenities include a heated pool, dog park, fitness center and electric car charging station.

Victor Nolletti, Eric Pentore and Wes Klockner of IPA represented the seller, Eastpointe Great Pond Owner LLC, in the transaction. The buyer was Preserve Ventures LLC.

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Inside The Story

IPA’s Nolletti

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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