By Editorial Staff
(September 2, 2026) — JLL Capital Markets has announced the $27 million sale of Blueway Commons, an 88-unit multifamily community at 3 Brookes Ct. in the Tylerville section of Haddam. JLL represented the seller, Elm Tree Communities. The buyer was Rak Realty, which says it plans to continue operating the complex as a premium rental community serving the region’s affluent demographic base. The property is now known as Haddam Village Commons.
Blueway Commons was completed in two phases between 2023 and 2025, featuring one- and two-bedroom apartments across five two-story residential buildings on 6.47 acres. The newly constructed community achieved 99% occupancy shortly after completion, demonstrating a strong demand for housing in the area. Units include granite countertops, stainless steel appliances, luxury bathrooms and private patios or balconies. Community amenities include a clubhouse with a coffee bar, a 24-hour fitness center, an outdoor kitchen with a pergola, and professionally landscaped grounds with gathering spaces.
The property is 89 percent market-rate with 78 market-rate units and 10 workforce housing units. Average unit size is 967 square feet, with 148 surface parking spaces serving residents.
“RAK Realty was ultimately chosen given their local ownership and certainty of execution,” said JLL Managing Director John Bryant. “Blueway Commons’ rapid lease-up and Class A construction quality in a supply-constrained submarket made it an exceptional investment opportunity in Connecticut’s dynamic multifamily market.”
“Blueway Commons reflects exactly what we set out to build at Elm Tree Communities — a thoughtfully designed, sustainably operated community that residents are proud to call home,” said Jeff Hartmann, Founder and President of Elm Tree Communities. “The rapid lease-up and stabilization of this Class A community underscore the enduring demand for high-quality rental housing in the Connecticut River Valley. We thank the JLL team for their execution and welcome RAK Realty as the community’s new stewards.”
Image from Haddam Village Commons website, www.haddamvillagect.com. Article details from JLL Capital Markets website, www.jll.com
