Merion Realty Partners, on behalf of its joint venture partners, acquired Countryside Village Apartments, a 448 unit apartment community located in Manchester, NH. The property will undergo a comprehensive capital improvement program including a clubhouse renovation, amenity upgrade, and an interior unit value-add program. These improvements will help differentiate the community from similar vintage properties. Countryside, when compared to the immediate competitive set, has the best physical site plan, best amenity package, and the largest clubhouse and community center. With limited new supply coming to Manchester and excellent apartment fundamentals, Merion believes it is an excellent time to enter the market.
Merion Multifamily Fund IV is Fully Committed
Merion Realty Partners has raised its fourth multifamily investment fund that will target both core-plus and value add multifamily opportunities. The first identified asset within the fund, Heights at Black Bear Village was acquired in January 2026. It is...
