Bedford, N.H.— Arrowpoint Properties, a privately owned multifamily investment and management firm focused on New England, has announced the acquisition of The Meridian, an 85-unit apartment community located at 66 Hawthorne Drive in Bedford, New Hampshire.
The Meridian is a three-story, wood-frame residential property situated on 6.4 acres at the intersection of Hawthorne Drive and South River Road. Originally developed in 2007, the community underwent a comprehensive renovation in 2024, delivering a modern, turnkey living environment in one of southern New Hampshire’s most sought-after residential markets.
Designed to support comfort, convenience, and contemporary lifestyles, the property offers a robust suite of amenities, including a fully equipped fitness center, community and recreation rooms, pet spa, library, on-site laundry facilities, high-speed internet, and carport concierge services. The community also features on-site management and maintenance, 119 parking spaces—including covered parking—and two elevators providing easy access to upper-floor residences.
Comprising approximately 81,474 square feet, The Meridian is surrounded by a complementary mix of residential, retail, and commercial uses, including single-family homes and additional multifamily developments, further enhancing its appeal to residents.
“This acquisition aligns with our strategy of investing in well-located, high-quality multifamily communities that offer long-term value for both residents and investors,” said David Lamattina, President and CEO of Arrowpoint Properties. “The Meridian’s recent renovation, strong amenity offering, and prime Bedford location make it an excellent addition to our growing portfolio.”
Arrowpoint Properties continues to expand its footprint across New England, focusing on the acquisition and management of thoughtfully designed apartment communities that meet the needs of modern renters while delivering sustainable performance for its investment partners.
