Inside Stamford’s priciest multifamily deal of the year

September 19, 2018 03:43PM

San Francisco-based Friedkin Realty Group purchased an apartment building in Stamford from Norwalk-based Fuller Development LLC and Spinnaker Real Estate Partners for $78 million — the largest multifamily sale in the city so far this year, The Hour reported. CBRE brokered the deal for Element One, the 183-unit building which opened on Morgan Street around two years ago, according to the outlet. “We really liked the construction and design,” Friedkin Realty Chairman Morton Friedkin told the outlet. “Combined with the recently added townhouses, it makes for a very balanced property.” Friedkin also owns two apartment complexes in Danbury. [The Hour]