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Carmel Partners sells multi-housing community in Connecticut
Transactions - MARCH 14, 2022

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Carmel Partners sells multi-housing community in Connecticut

by Released

A partnership between an affiliate of Trinity Financial, Inc. and Berkshire Residential Investments has sold Vela on the Park, a 209-unit, luxury high-rise apartment community in downtown Stamford, Conn.

The sales price was not disclosed, but Carmel Partners acquired the asset.

The 19-story Vela on the Park consists of studios, one- and two- bedroom units, along with luxury penthouses. The units feature full-sized washers and dryers, spacious closets, spa-inspired bathrooms, quartz countertops, stainless-steel appliances and oversized windows.  Community amenities include a rooftop deck with barbecue grills, a state-of-the-art fitness center, a yoga-and-wellness studio, a pet spa and dog-wash station, a solarium with reading nooks and a media center, a resident lounge, work pods and an old-school arcade.

Located at 1011 Washington Blvd., the property is across from Mill River Park, a 26-acre green space, and is near  numerous restaurants, entertainment venues

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