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

Interest Rates Could Drive CT Bank M&A Rebound

By Sam Minton | October 18, 2024 | Reprints | Unlock Link

While bank and credit union merger and acquisition activity has been on the decline, interest rate cuts and pent-up demand could see a surge of activity in the latter half of 2024 and into 2025.

Bronin Pens a Bible on Zoning Dos and Don’ts

By Steve Adams | Commercial Record Staff | October 10, 2024 | Reprints | Unlock Link

Former Hartford official Sara Bronin’s new book on the role zoning plays in American life hit the shelves last week, adding to the growing debate over land-use regulation and its effects on housing prices and economic opportunity.

C&I Market Demand Remains Low. Interest Rate Cuts Could Change That

By Sam Minton | October 4, 2024 | Reprints | Unlock Link

The commercial and industrial market has seen a relative lack of demand but with interest rate cuts, CT bankers say more activity could be on the horizon.

Rhode Island Investor Acquires 68-Unit Groton Portfolio

By Steve Adams | Commercial Record Staff | September 30, 2024 | Reprints | Unlock Link

A Rhode Island-based real estate investor paid $9.25 million for a portfolio of 68 apartments located at three properties near the General Dynamics Electric Boat shipyard in Groton.

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$500K Settlement in Data Breach that Hit Webster Customers

By James Sanna | October 28, 2024 | Reprints | Unlock Link

The new owners of the bank fraud prevention fintech whose data breach put personal information about nearly 160,000 local Webster Bank customers online will pay a $500,000 fine, the Connecticut attorney general’s office announced.