Citizens Sues Sofi, Claims Worker Poaching ‘Decimated’ CT Business
Citizens Bank has sued online lender SoFi, claiming it “essentially eliminated its market presence” in Connecticut after hiring away several mortgage employees.
Fewer Immigrants and Higher Rates Cut Competition as Sellers Cave
House hunters are soon likely to see less competition in the market due to a sharp drop in immigration that began last year.
M7 Lofts Show Residential Potential for Big Office Footprints
Norwalk’s newest office conversion will test the potential for large 1980s-era office buildings to be repurposed as housing, despite physical constraints that often challenge would-be developers.
Simsbury Grocery Store Fetches $17M
Real estate investment management firm Realty Income Corp. has bought a Simsbury grocery store property.
Revolut Receives OCC Approval for Bank with Stamford HQ
The fintech Revolut has received conditional approval from the U.S. Office of the Comptroller of the Currency to set up a bank to be headquartered in Stamford.
Report: NYC Suburbs Are Still Strong Seller’s Markets
The latest estimates from economists at brokerage and listings portal Redfin say the suburban New York City housing market is bucking a national trend.
Too Many Subpar Agents, Real Estate Brokers Say
Worried the real estate agent you hired to sell your house isn’t up to the job? If so, you’re not alone: Brokerages are worried, too.
How KeyBank Wants to Compete in CT’s Business Banking Space
After taking a break from working at large banks, Mark Williams is joining KeyBank to lead the Ohio-based regional bank’s New England business banking efforts.
Waterbury Union Station Development on the Market, Asking $5M
The Waterbury landmark city officials hope can anchor a revitalized downtown is being offered for sale.
Connecticut Boasts Lowest Home Vacancy Rates in Nation
Connecticut is home to some of the lowest home vacancy rates in the nation, according to a new report from ATTOM.
KeyBank Names New England Business Banking Market Leader
KeyBank has named Mark Williams as its new New England business banking market leader.
Barings Lends $73M for Cross Ocean Partners JV-Owned Campus
A Massachusetts office park that was acquired by a joint venture including a Greenwich investment company received $72.6 million in financing from Barings.
540-Unit Stamford Development Site Listed for Sale
A site in Stamford’s Harbor Point neighborhood has been put up for sale by its owner, an affiliate of developer Building and Land Technology.
New Tools Ease Property Buyers’ Legwork
Three new software tools promise answers on a property’s development potential, ability to host solar panels and, in Florida, risks for condo buyers.
Your AI Doesn’t Have Feelings. Your Real Estate Clients Do
It seems like people of all ages increasingly treat AI software as if it can care, connect and respond emotionally. It cannot. You shouldn’t make the same mistake in real estate.
Waterbury Development Lands $11M in State Money
A Waterbury housing development aimed at healthcare workers has secured the financing it needs to get underway, thanks to a major infusion of state dollars.
Norwalk Resi Conversion Gets $75M Construction Loan
A joint venture completed its acquisition of two Norwalk office buildings for a 268-unit apartment conversion and received $75.5 million in construction financing.
Deed Fraud, Other Realty Scams on the Upswing
For the second consecutive year, the FBI has warned both consumers and real estate professionals about the rising tide of title thefts.
‘The Magnitude Is Mind-Boggling’: Amazon Charts Eastern CT Expansion
Amazon’s supply chain network expansion reached eastern Connecticut this year with proposals for a pair of distribution centers spanning a combined 2.4 million square feet in Killingly and Norwich.
Consortium Buys Hartford ‘Stilts Building,’ Foreclosure Averted
A quitclaim deed filed with the Hartford city clerk’s office shows Hartford’s well-known “Stilts Building” has traded hands.
