Danbury Apartments’ Sale Sets High Water Mark
In the biggest-ticket real estate transaction in the city’s history, a Danbury apartment complex was acquired by San Francisco-based FPA Multifamily.
Housing Development Begins Near New Naugatuck Station
Construction has begun on a 60-unit mixed-income apartment complex in a partnership between two developers in Naugatuck.
Two Merritt 7 Office Buildings Slated for Resi Conversion
The developers’ application calls the 1.4 million square feet of office space in the six-building Merritt 7 complex “unsustainable.”
Amid Recent Building Boom, New Haven Sees Achilles Heel
The city has won plaudits from housing advocates for the rapid recent pace of its multifamily development. But while big projects sail through, smaller ones face lengthy permitting processes.
Rents Up, Landlord Power Steady in CT Apartment Markets
Even as landlords are losing market power nationally amid a new wave of apartment deliveries, those in Connecticut’s metros appear to be holding the line.
Zillo Expands Renter Credit-Building Service
A new deal with software company Esusu will let Zillow offer renters direct-to-consumer credit reporting.
Raising the Bar for Senior Living
Under co-CEO Shane Herlet, Westport-based Maplewood Senior Living is betting on hospitality-level living standards.
Wallingford Industrial Property Sells for $1.7M
A Wallingford industrial building has traded hands to an LLC registered to a Stonington residential address.
$80M New Canaan Development Picks Sales Brokerage
The developer of a new luxury development in New Canaan picked a William Pitt Sotheby’s International Realty team to market its units.
Fairfield County Affordable Housing Buildings Sell for $40M
The owner of a pair of affordable housing buildings, one in Danbury and the other in Norwalk, sold the two assets this week for nearly $40 million.
State Taps New Haven Biotech Buildings for $32M in Funding
Gov. Ned Lamont’s office said Friday it’s making a $50.5 million investment in public infrastructure and facilities in downtown New Haven that are targeted toward “propelling growth in the life sciences industry” and the emerging quantum computing sector.
Liberty Mutual Finances Storrs Student Housing
A proposed housing development aimed at UConn students has been revealed to be part of a joint venture between its developer and Liberty Mutual’s investment arm.
Twin Stamford Office Towers Sell
The twin Stamford Towers office buildings have traded hands.
Fairfield Senior Living Facility Refinanced
Mortgage company BWE announced it originated a $35.3 million permanent loan for an assisted living facility in Fairfield.
Danbury Hotel Sold for $13M
A Danbury hotel has traded hands for the second time in two years after renovations.
A Tale of Two Dead Malls
The opening of Waterford’s Crystal Mall in 1984 was considered nothing less than a tectonic shift in New London County’s economy. Today the largely-vacant property is featured by social media influencers exploring “dead malls.”
Fairfield OKs 68-Unit Affordable Project
Fairfield’s Planning & Zoning Commission has given its nod to an apartment building proposed under Connecticut’s 8-30g affordable housing zoning law.
Enfield Mall Redevelopment Takes Next Step
The Nebraska-based developer angling to breathe new life into Enfield’s largely dead mall will take the next step forward in making its plan a reality tomorrow.
Bloomfield Shopping Center Fetches $54M
A Lowe’s-anchored shopping plaza in Bloomfield has traded hands to a Florida investment firm.
890-Bed Student Apartments Open in Storrs
A Georgia-based developer announced the opening of its latest development, an 890-bed, student-focused apartment complex in Storrs called “The Standard at Four Corners.”
