The partners in the development — Lexington Partners, LAZ Investments and Shelbourne Global Solutions LLC — acquired the mortgage in recent days and took over ownership of the property, Martin J. Kenny, who heads Hartford-based Lexington, said Tuesday. The apartment complex sits atop Pratt when looking east from Trumbull Street and was built in the mid-2000s incorporating the facade of the former Sage-Allen & Co., once one of the city’s most prosperous department stores. The renovation of Lofts at Main and Temple is the second of a larger three-part planned transformation of the Pratt Street.
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