Keen-Summit Capital Partners, LLC has been engaged by Covered Bridge Newtown, LLC and Covered Bridge Newtown I, LLC to serve as the real estate advisor for the sale of the Covered Bridge multifamily apartment complex. The Debtor is in a Chapter 11 bankruptcy proceeding before the U.S. Bankruptcy Court for the District of Connecticut Bridgeport Division, Case No. 24-50833 (JAM). The Covered Bridge complex consists of seven three-story apartment buildings, each consisting of 30 rental units and a 23-space parking garage, for a total of 210 units. Currently there are 180 units available for rent across six buildings with one-, two- and three-bedroom layouts. The final building (#6) is approximately 80% complete. The complex is located in an Incentive Housing Overlay Zone (IHOZ-10), requiring 20% of units (42 units) to remain affordable for 30 years as a condition for the certificate of occupancy.