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Monday Properties JV pays $73m for luxury apartments
Transactions - APRIL 8, 2021

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Monday Properties JV pays $73m for luxury apartments

by Released

A joint venture between Building and Land Technology and Lubert Adler Real Estate Funds has sold Harbor Landing, a 218-unit, ultra-luxury apartment community located in Stamford, Conn.

Monday Properties and Neo Capital paid $73 million.

Harbor Landing is a class A apartment community completed in 2018 and consisting of studio, one- and two-bedroom floorplan options with high-end finishes. The apartments also feature resort-style amenities, including a pool, club room, fitness center and expansive outdoor sundeck with firepits and grills.

The property has breathtaking views of Harbor Point and the Long Island Sound. Harbor Landing is part of a greater mixed-use community comprising a 14-acre stretch of land that offers two restaurants, a waterfront boardwalk, marinas with slips for yachts and boats and four office buildings, which include 66,314 square feet of newly redeveloped lab space.

“Stamford continues to attract capital from across the region. We

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