CHOZICK REALTY BROKERS BANKRUPTCY SALE OF TRINITY PLACE APARTMENTS

HARTFORD, CONN. — The Hartford office of Chozick Realty has brokered the sale of Trinity Place Apartments in Hartford. Located on Sherbrooke Avenue, the property consists of a four-story brick building containing 128 units in a mix of 100 one-bedroom, 20 two-bedroom and eight three-bedroom residences. Rick Chozick and Steve Pappas of Chozick Realty represented the seller, Urban Developers, under the approval of the U.S. Bankruptcy Court. Trinity Place is a profitable property but had been pledged as collateral for a loan on another multifamily property in St. Louis that went bankrupt, forcing its sale by the owner. Trinity Place was purchased by TLK Properties, which plans to complete common area and unit upgrades to the community. The acquisition price was not disclosed.