Yellowstone Property Group has paid $48.7 million, or $296,646/unit, for the 164-unit Reserve41 apartment property in Norwalk, Conn. The Ramsey, N.J., apartment-property specialist bought the apartments from Norpointe LLC, an affiliate of Belpointe Capital of Greenwich, Conn., in a deal brokered by CBRE. The property, at 41 Wolfpit Ave., was built in 1959 and had […]

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