The Commercial Record | Connecticut Real Estate, Finance & Banking News

Housing Conversions Provide Options for Fairfield County Office Owners

By Steve Adams | Commercial Record Staff | April 25, 2025 | Reprints | Unlock Link

Fairfield County’s office sector showed positive indicators in the first quarter as the effects of residential conversions removed out-of-favor inventory from the market.

As Spring Housing Market Opens, Optimism Despite Economic Jitters

By Sam Minton | April 18, 2025 | Reprints | Unlock Link

Tariff fears might be overshadowing the start of this year’s spring homebuying season, but demand will remain high in Connecticut due to a lack of inventory, market-watchers say.

Old Saybrook Property With Hollywood Horror Past Heads to Auction

By Steve Adams | Commercial Record Staff | April 10, 2025 | Reprints | Unlock Link

As expected, the 220 Middlesex Turnpike parcel’s size and location have generated interest from multiple developers. But it’s the property’s connection to an early 1970s horror movie that’s adding an extra layer of interest in the pending sale.

The Story Behind a Bank Rebrand

By Sam Minton | April 3, 2025 | Reprints | Unlock Link

Guilford Savings Bank is rebranding to Ascend Bank in the third quarter of 2025. The bank continues to grow, including its recent merger with Eastern Connecticut Savings Bank that will turn it into a $1.4 billion-asset bank.

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Historic Tax Credits Help Pay for Hartford Office-to-Housing Conversion

By Steve Adams | Commercial Record Staff | May 16, 2025 | Reprints | Unlock Link

Developers broke ground on the transformation of a pair of century-old former state office buildings into a mixed-income apartment community in downtown Hartford.

Thomaston Savings Bank Partners With Paige to Simplify Legacy Planning

By Sam Minton | May 16, 2025 | Reprints | Unlock Link

Thomaston Savings Bank has partnered with Paige, a legacy planning platform, to offer streamlined estate planning services to families and businesses across Connecticut.

Danbury Food Pantry Completes Big Expansion

By Steve Adams | Commercial Record Staff | May 13, 2025 | Reprints | Unlock Link

Daily Bread Food Pantry has expanded to a new location in a former Danbury military museum after signing a lease with landlord Orlando Properties.

Why It Matters That CT’s Sold Homes Are Getting Older

By James Sanna | May 13, 2025 | Reprints | Unlock Link

A lack of new construction in Connecticut has created an unusual piece of trivia: New Haven-area homes sold last year are among the oldest in the nation.

Fed Official Sees Signs of Slowing Economy

By Christopher Rugaber | The Associated Press | May 12, 2025 | Reprints | Unlock Link

A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending.