Multi-Housing News Fairfield Properties has purchased The Wel, a 260-unit multifamily property in Lindenhurst, N.Y., on Long Island, for $146 million, or $561,538/unit. The Melville, N.Y., developer bought the four-story property, at 75 East Hoffman Ave., from a joint venture of Tritec Real Estate and an affiliate of Rockwood Capital. Tritec built the property last […]

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