ICE Reports Record Home Equity; 3 CT Cities in Top 7 Markets
Existing homeowners continue to reap the benefits of historically strong price gains.
Sam Ash to Close All Stores, Including White Plains Location
The 100-year-old Sam Ash music company has fallen to online competition and will close all of its locations, including the one on Mamaroneck Avenue in White Plains.
Survey: RE Agents Open to Changing Affiliations
The latest report from Coldwell Banker found that 67 percent of real estate agents plan on staying with their current company this year, a significant drop from the 75 percent who said the same last year.
KeyBank Foundation Awards $150K to Urban League of Greater Hartford
A $150,000 grant from KeyBank Foundation will fund two years of the Urban League of Greater Hartford’s Project Ready program.
Berkshire Bank to Close 3 CT Branches
Boston-based Berkshire Bank has filed a notice with the Connecticut Department of Banking to close three of its branches in the Nutmeg State.
Connecticut’s Top Home Sales: April 12-April 19
The five most expensive recent single-family and condominium sales in Connecticut.
Newington Retail Center Sold for $16.7M
A nearly 190,000-square-foot retail center in Newington has sold for $16.7 million.
Reclassification of Marijuana Could Build Momentum for Cannabis Banking Reform
The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, a historic shift to generations of American drug policy that could have wide ripple effects across the country.
Former People’s United Branch Sold for $3.2M in Mamaroneck
A 2,800-square-foot building in Mamaroneck, formerly home to a People’s United branch, was purchased for $3.2 million.
Milford Industrial Property Trades for $1.5M
An industrial building in Milford was bought by a New York business looking for space in the area.
Connecticut’s Top Home Sales: April 4-April 11
The five most expensive recent single-family and condominium sales in Connecticut.
Title Agent Pleads Guilty to $1.6M Fraud Charge
The former owner of a Greenburgh title insurance agency has been charged with embezzling $1.6 million.
Jewett City Savings Bank Elects New Chairman and Vice Chairman
Jewett City Savings Bank announced the names of its new board chair and vice chair following the lender’s annual meeting last month: Diane Manning and Brian Andstrom.
Report: Colorful Developer Who Sparked New Haven Renaissance Dies
Joel Schiavone, the real estate developer who laid the groundwork for New Haven’s downtown revival, has died at 87.
CRE Lending Shrank 47 Percent Nationwide, 37 Percent in CT
A new report from the Mortgage Bankers Association has put numbers to the huge drop-off in commercial real estate lending in America.
Liberty Bank Votes in New Chairman
Liberty Bank’s board of directors unanimously elected a new chair last month, the bank said, after longtime Chairman Mark Gringras unexpectedly passed away March 7.
CT’s Most Expensive Home Sales: March 26-April 3
The five most expensive recent single-family and condominium sales in Connecticut.
Meet Connecticut’s Top Loan Originators of 2023
For the ninth year in a row, The Commercial Record is recognizing the top loan originators throughout Connecticut. Ranked by dollar volume and number of loans completed, and representing banks, credit unions and mortgage companies, these originators are at the top of their game.
Bridgeport Warehouse Sells for $1.6M
A warehouse near the Bridgeport-Fairfield line has traded hands for $1.6 million.
Report: Developer Drops Portland Design Amid Retail Debate
A contentious proposal to redevelop more of the former Elmcrest Psychiatric Hospital, across the river from downtown Middleton in Portland, has been temporarily shelved amid a dispute between the developer and town officials about how much retail space the site could absorb.
