Luxury Stamford Apartment Community Sells For $90 Million

STAMFORD, CT — Infinity at Harbor Point, a 242-unit high rise luxury apartment community located in Stamford, has sold for $90 million. According to an announcement this week from real estate investment firm CBRE, the luxury apartment community was purchased by AJH Management.

Built in 2012, the property is located in the center of Stamford's Harbor Point waterfront development, which consists of 3,729 apartments, over 4 million square feet of Class A office space and over 130,000 square feet of retail and dining options.

Infinity is situated along the four-acre Commons Park and offers panoramic views of Long Island Sound and Manhattan.

"We are pleased to have completed this transaction," CBRE spokesman Jeff Dunne said in a statement. "Infinity Harbor Point is a trophy asset and offers a unique waterfront experience with marinas, walking paths and boardwalks. With the Stamford Transportation Center and I-95 just
0.50± miles away, residents have incredible access to employment across the greater New York City region, and Infinity at Harbor Point offers the amenities, services and aesthetic of a Manhattan high-rise living at significantly more affordable rent level. As a relatively recent entrant to Stamford, we believe that the acquisition of Infinity Harbor Point will help to anchor AJH Management as a leader in the Class A multifamily market."