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NORWICH, CONN. — The Hartford, Conn., office of CB Richard Ellis – New England (CBRE) has arranged the sale of two multifamily properties located in Norwich for $17.37 million. The properties include Meadow Ridge Apartments, a 120-unit community located on Plumtree Drive, and Cambridge Estates Apartments, a 92-unit community located on Oxford Drive. Amenities include outdoor pools, townhouse-style units and private decks. CBRE’s Michael Stone and Jessa Kurzman represented the seller, Equity Residential Properties Trust, and procured the undisclosed buyer. In addition, Michael Riccio and Christine Kubas of CBRE Capital Markets secured more than $14 million in acquisition financing for the transaction.

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