August 11, 2021 – Shelton, CT – CoStar Group, Inc., the leading provider of commercial real estate information, analytics, and online marketplaces, announced the CoStar Power Broker Quarterly Deals winners for the second quarter of 2021. Northeast Private Client Group’s® Drew Kirkland, Taylor Perun, and Brad Carlson came out on top in the list of winners in the Hartford, CT market with their closing of Pine Ridge Estates. The CoStar Power Brokers Quarterly Deals winners are the top deals executed every quarter. The criteria for the award are price and square footage.
“We, as a team, are excited and honored to be the recipient of CoStar’s Award for the sale of Pine Ridge Apartments in Greenfield, MA. We are extremely proud to have made a positive impact in this market. We understand many transactions could have been recognized and are grateful for this opportunity. We look forward to continuing our relationship-based approach of brokerage and facilitating successful transactions for our clients.” -Taylor Perun, Senior Associate
Drew Kirkland, Taylor Perun, and Brad Carlson facilitated the sale of Pine Ridge Estates, a 108-unit apartment complex located in Greenfield, Massachusetts. This property sold for $12,700,000, equating to $118,055 per unit and a cap rate of 6.83%.
“Based on our company’s broad reach across many major markets, our teams were able to source offers from New York, New Jersey, Boston, and the markets in between. Through our competitive process and relationships, we were able to achieve record pricing in the area. Other brokerage firms previously tried marketing this property and fell short of the sellers’ expectations. We worked as a team and were able to produce excellent results for our clients.” -Brad Carlson Investment Associate
Northeast Private Client Group® specializes in mid-market mixed-use, retail, and multifamily real estate, exclusively representing investors, property owners, and professional real estate investors. To date, more than 1000 successful transactions have been completed totaling over $3 billion in value within local submarkets around the Northeast and Southeast regions of the United States.