The Real Deal New York

Investors list 143-unit Stamford apartment building

March 22, 2018 02:01PM

Boston-based UC Funds has listed the Park Square West apartment building it bought at bankruptcy auction in 2016 to test the waters for a potential sale. The investors paid $40 million for the nine-story, 143-unit residential building after the collapse of Seaboard Properties, buying the 115-room Courtyard by Marriott as well. CBRE of Stamford is listing the residential building for UF Funds, which plans to keep the hotel next door. The list price of the apartment building was not reported. [Stamford Advocate]