NEW YORK, March 6, 2019 /PRNewswire/ -- The Clairmont Group, an owner-operator of real estate in the Tri-State area along with RealtyMogul, a private equity firm using crowdfunding to finance commercial real estate investments, have teamed up to acquire Avon Place Apartments, a 164-unit apartment complex located in Avon, Connecticut for $24 million. The partnership plans to spend over $1 million in capitalized expenditures, including apartment renovations and common area improvements. Matt Schneid from Cole Scholz P.C. served as the legal advisor on the transaction.