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New Brokerage Leader Arrives at a Cyclical Turning Point

New Brokerage Leader Arrives at a Cyclical Turning Point

by Steve Adams | Aug 10, 2023 | Commercial & Industrial, CR Daily, In Person, Industry News

John Dolan takes over leadership of brokerage Avison Young’s New England region at a critical moment in the region’s commercial real estate industry. Development is decreasing and major investment sales activity has been sluggish.

An Old-Fashioned Approach to Community Banking

An Old-Fashioned Approach to Community Banking

by Diane McLaughlin | Jul 14, 2023 | Banking & Lending, CR Daily, In Person, Industry News

Four years after selling its online student loan refinancing business, DR Bank still works in the financial technology space. But for Chief Banking Officer John Barbalaco, the term “old fashioned” often comes to mind when describing the community bank’s approach to doing business.

One Career Decision Was All He Needed

One Career Decision Was All He Needed

by Steve Adams | Jul 7, 2023 | Commercial & Industrial, CR Daily, In Person, Industry News

Fred Clarke travels to Tokyo this weekend to see first-hand progress on construction of Japan’s tallest skyscraper, the latest in a series of landmark towers that his New Haven architecture firm has designed across the globe.

A Power Plant That Fits in Your Utility Room

A Power Plant That Fits in Your Utility Room

by Steve Adams | Jun 9, 2023 | Commercial & Industrial, CR Daily, In Person, Industry News

Multifamily landlords and institutional property owners seeking to cut their electricity bills have a new utility system option developed by a South Windsor company, Enviro Power.

A Tax-Friendly Approach to CRE Diversification

A Tax-Friendly Approach to CRE Diversification

by Steve Adams | Apr 20, 2023 | Commercial & Industrial, In Person, Industry News

Michael Deutsch brings his experience setting up DSTs to his new role as a senior vice president for Colliers’ Stamford office, along with his background in investment sales and leasing of office and industrial properties.

Washington Trust to See First Female President

Washington Trust to See First Female President

by Diane McLaughlin | Apr 13, 2023 | Banking & Lending, In Person, Industry News

The Washington Trust Co. is known as the oldest community bank in the United States, but no woman has ever held the title of president and chief operating officer of the bank. Until Mary Noons takes the job this month, that is.

Expanding the Housing Pipeline in Central Connecticut

Expanding the Housing Pipeline in Central Connecticut

by Steve Adams | Apr 6, 2023 | Commercial & Industrial, In Person, Industry News

Avner Krohn has a formula for developing multifamily housing in Connecticut, seeking financial incentives from public sources to bring long-neglected parcels back to life in some of the state’s struggling former manufacturing centers.

Prepare Now for FedNow

Prepare Now for FedNow

by Diane McLaughlin | Mar 2, 2023 | Banking & Lending, In Person, Industry News

At some point between May and July, the Federal Reserve plans to launch its real-time payments system FedNow, and EasCorp’s Cynthia Nelson wants credit unions to get ready.

Creating a Destination for Biotech Growth

Creating a Destination for Biotech Growth

by Steve Adams | Feb 23, 2023 | Commercial & Industrial, In Person, Industry News

Under its president, David Goldblum, New Haven’s Hurley Group is tapping into the city’s biotech boom with its conversion of an 8-story office building into the 114,000-square-foot Elm City Bioscience Center.

A Career Fast Track Leads to Brokerage

A Career Fast Track Leads to Brokerage

by Steve Adams | Jan 26, 2023 | Commercial & Industrial, In Person, Industry News

After immersing himself in the financial data that drives commercial real estate transactions, Joseph Weaver made the move to brokerage and the opportunity to put together deals himself.

Steward of a 175-Year-Old Bank

Steward of a 175-Year-Old Bank

by Diane McLaughlin | Dec 8, 2022 | Banking & Lending, In Person, Industry News

National Iron Bank may be small, with only $270 million in assets, but President and CEO Steven Cornell says the bank’s size is one of its strengths.

Holding Communities Responsible for Exclusionary Zoning

Holding Communities Responsible for Exclusionary Zoning

by Steve Adams | Nov 24, 2022 | Commercial & Industrial, In Person, Industry News

The Connecticut Open Communities Alliance is committed to breaking down barriers to housing access that contribute to economic inequity. Erin Boggs leads the Hartford-based organization, which filed a lawsuit in August alleging that the town of Woodbridge’s zoning violates the Connecticut Fair Housing Act and state Constitution.

A Rapid Growth Phase in Green Energy Financing

A Rapid Growth Phase in Green Energy Financing

by Steve Adams | Oct 27, 2022 | Commercial & Industrial, In Person, Industry News

When landlords want to finance building energy upgrades on a repayment timetable that makes sense for them, they turn to Alexandra Cooley.

Bringing Shakespeare and Services to the Office Park

Bringing Shakespeare and Services to the Office Park

by Steve Adams | Sep 22, 2022 | Commercial & Industrial, In Person, Industry News

In stark contrast to many of the larger corporate landlords in Fairfield County, R.D. Scinto Inc. and its founder, Bob Scinto, maintain a distinctly personal approach to operations of its commercial portfolio.

Turning Luck in Credit Unions’ Favor

Turning Luck in Credit Unions’ Favor

by Diane McLaughlin | Sep 1, 2022 | Banking & Lending, In Person, Industry News

For Bruce Adams, president and CEO of the Credit Union League of Connecticut, people who win the lottery experience as much of a financial shock as someone who just lost a job. These lottery winners can now turn to the state’s credit union industry for guidance on how to manage their winnings.

Spotlighting Main Street as an Economic Driver

Spotlighting Main Street as an Economic Driver

by Steve Adams | Aug 25, 2022 | Commercial & Industrial, In Person, Industry News

Michelle McCabe is hitting the road and getting familiar with the more than 80 communities that form the constituency of her downtown revitalization agency.

Early Interventions Boost Security and Welcoming Designs

Early Interventions Boost Security and Welcoming Designs

by Steve Adams | Aug 4, 2022 | Commercial & Industrial, In Person, Industry News

Designing schools to be safe in an era of gun violence doesn’t necessarily mean turning them into forbidding institutional fortresses. Svigals + Partners architect Marissa Dionne Mead knows this firsthand.

Can a Mutual Beat Fintechs on Their Turf?

Can a Mutual Beat Fintechs on Their Turf?

by Diane McLaughlin | Jul 14, 2022 | Banking & Lending, In Person, Industry News

Tom Senecal is leading PeoplesBank into a future even more dedicated to mutuality than before specifically because mutuality is the bank’s secret weapon.

New Direction for Small Credit Union

New Direction for Small Credit Union

by Diane McLaughlin | Jun 30, 2022 | Banking & Lending, In Person, Industry News

James Higgins is planning to convert the $38.6 million-asset Skyline Financial Credit Union from an employer-sponsored to a community credit union. Here’s why.

A Multifamily Bet on New Haven’s Job Growth

by Steve Adams | Jun 23, 2022 | Commercial & Industrial, In Person, Industry News

Paredim Partners’ recent $52.5 million purchase of the 194-unit Taft apartments overlooking New Haven Green is the latest illustration of founder David Parisier’s confidence in the strength of the Elm City’s economy and multifamily market.

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