Paredim Partners Purchases Multifamily Property in Stamford, Connecticut, for $33.3M
Parallel 41 Apartments features 124 units, a fitness center, lounge and roof deck.
STAMFORD, CONN. — Paredim Partners has acquired Parallel 41 Apartments, a multifamily property located in Stamford, for $33.3 million. The property was nearly 100 percent occupied at the time of acquisition. The property features 124 apartments, a fitness center, lounge and roof deck. The buyer plans to implement a renovation and rebranding program for the property, which was built in 2012. The name of the seller was not released.