New Britain Developer Sells Brand-New Apartments
Avner Krohn, the biggest private-sector force behind downtown New Britain’s redevelopment in recent years, has sold The Highrailer, a major new apartment building.
Shelbourne JV Moves to Sell Hotel-to-Rentals Conversion
A large Hartford hotel-to-apartments conversion is on the market for $55 million, double what its developers paid five years ago.
Newington Apartments Sale Brings in $78.15M
A large apartment asset in a suburban Hartford commercial corridor has sold to a New York City-based investor.
These Profit Holes Can Sink Your Business
Most Realtors and investors focus primarily on profits. What typically gets put on the back burner is how expenses and what they’re choosing not to do can cost them way more.
Single-Stair Code Repeal Deals Blow to Missing Middle Housing, Advocates Say
Advocates for accelerated housing production across Connecticut say the state missed an opportunity to spur construction of modestly-priced apartments.
New Haven Officials OK First Phase of Massive Redevelopment
After a logistical hiccup earlier this month, New Haven city planning officials have given the green light to a 541-unit, two-block development across the street from the city’s Metro-North and Amtrak station.
Affordability Issues Descend on Rental Market
With the single-family home market seeing rising costs, affordability issues are now affecting the rental market in New England.
New England Features Low Amounts of ‘Accidental Landlords’
As many parts of the United States sees a rise in “accidental landlords,” New England isn’t seeing the same trend.
Hartford Developer Pushes Housing Forward Amid Headwinds
Under Anthony Healis Sr., The Cloud Co. is turning former state office buildings into 104 downtown Hartford apartments and reshaping a former public housing complex as a mixed-income community.
Stamford Mid-Rise Sold for $25M
A mixed-use block in downtown Stamford has sold for $25 million, city property records show.
The Supreme Court Struck Down Trump’s Tariffs. Now Comes the Hard Work of Issuing Refunds
The Supreme Court on Friday struck down President Donald Trump’s biggest and boldest tariffs. But the justices left a $133 billion question unanswered: What’s going to happen to the money the government has already collected in import taxes now declared...
Stratford Officials Ask Housing Developer for Statue of George Washington
Members of one of Stratford’s development review boards were pleased when the developer of a planned 154-unit development on a side street included a plaza in its plans. But they had some feedback for Romano Brothers Builders LLC. “A more traditionally...
Tariff Fog Still Thick for Builders Days After Supreme Court Ruling
Real estate industry executives saw encouraging signs from the Supreme Court’s Friday decision wiping out Trump administration-imposed tariffs on some building materials, but hopes for predictability over U.S. trade policy were promptly dashed by new tariffs announced over the weekend.
Filling the Gaps in Greater Hartford Development
David Steuber is relatively new to his leadership position at Capital Region Development Authority, but no stranger to the Hartford region’s economic development programs.
Hartford Rental Market Now More Balanced
With vacancy rates inching upwards, Hartford has become a balance market according to Realtor.com research.
REIT Buys Wallingford Shopping Center for $21.4M
A ShopRite-anchored retail property in Wallingford was acquired for $21.4 million by a publicly traded real estate investment trust headquartered in Singapore.
Developer Picked for New Haven-Owned Lot Files 7-Story Proposal
The first of several multifamily buildings proposed on city-owned parking lots is advancing to the next stage of the development process.
Guilford Investor Buys New Haven Class A Block
A holding company controlled by Guiford-based investor Todd Taylor recently bought one of New Haven’s two newest office buildings from its owner, the Knights of Columbus.
Stamford Medical Office Portfolio Fetches $17M
A real estate investment firm from suburban Boston has bought a trio of Stamford medical office buildings.
Housing Report Tracks Connecticut’s ‘Rental Deserts’
A recent uptick in multifamily development has cut into decades of stagnant activity, but rental deserts remain in many Connecticut communities and restrict housing options for residents.
