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Shelton, CT (February 10, 2025) – Northeast Private Client Group® (NPCG), a leading commercial real estate investment brokerage firm specializing in the Northeast, is pleased to announce the successful sale of Crestview Apartments, a 63-unit multifamily property located in West Haven, Connecticut.
Managing Director Brad Balletto & Vice President Jeff Wright of Northeast Private Client Group, represented the seller and procured the buyer in this transaction. The buyer is a Waterbury-based investor seeking to expand their multifamily portfolio within the West Haven market. The seller is a Massachusetts based investor who strategically divested out of the asset to align with a shifting investment strategy.
“The Crestview Apartments presented a compelling opportunity for an established owner-operator to enhance their market presence,” said Brad Balletto. “This transaction also accommodated the seller’s strategic shift towards a less management-intensive, passive investment portfolio, creating a mutually beneficial outcome for both parties.”
About Northeast Private Client Group®
Northeast Private Client Group® (NPCG) specializes in mixed-use, retail, industrial, and multifamily real estate, exclusively representing investors, property owners, and professional real estate investors. To date, the firm has completed more than 1,200 successful transactions, totaling over $4 billion in value within local submarkets around the Northeast and Southeast regions of the United States.