BVT USA funds sells apartment community near Hartford, Connecticut

Munich, Germany (https://www.bvt.de – March XX, 2026) – The BVT Group (BVT), Munich, announced the sale of the 269-unit Class A apartment development “Millyard” in Hartford, Connecticut.

The development was part of the BVTs Residential USA 18 fund, which belongs to BVT LUX Invest S.C.S. SICAV-RAIF. This fund is designed exclusively for professional investors. The property was sold to a US-Family Office for USD 97,5 million in March 2026. Despite challenges posed by pandemic-related restrictions, rising interest rates, and temporary flooding, the project was completed in just 28 months.