Real Estate
A pair of investors sold a Fairfield County apartment complex for $19 million more than they paid for it last year in a sign that demand for some suburban multifamily assets remains strong against rising interest rates. Massachusetts-based real estate investment firm Colony Hills Capital picked up the 339-unit Royce at Trumbull for $101 million — 23 percent more than the $82 million that sellers Sym Investments and Skywood Properties paid for the complex a The post Investors sell Trumbull apartments for 23% markup from last year appeared first on The Real Deal New York.

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