Belpointe sells Baypointe in $50M Stamford property trade A limited liability company linked to Greenwich-based investment firm Belpointe sold an apartment complex in Stamford last week to another Greenwich-based LLC for $50 million, the Stamford Advocate reported. Belpointe developed the 109-unit complex known as the Baypointe, which houses one-bedroom apartments with rents ranging from $2,960 to $3,340 and two-bedroom apartments with rents between $3,100 and $5,900. The anonymous buyer is Baypointe 112 LLC. “The property […]
source https://therealdeal.com/tristate/2019/06/26/stamford-apartment-complex-sells-for-50m-tom-brokaws-pound-ridge-gets-a-2m-price-cut-and-more-westchester-fairfield-real-estate-news/#new_tab
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