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Trump Opens Door to 401k Investments in Real Estate, Crypto

Trump Opens Door to 401k Investments in Real Estate, Crypto

by The Associated Press | Aug 11, 2025 | Banking & Lending, Commercial & Industrial, Industry News

An executive order signed Thursday by President Donald Trump could give real estate projects, private equity and cryptocurrency firms long-sought access to a pool of funds worth trillions.

Medical Office Portfolio Brings in $10.5M

Medical Office Portfolio Brings in $10.5M

by The Commercial Record | Aug 11, 2025 | Commercial & Industrial, CR Daily, Industry News

A professional medical office portfolio located in Tolland, Windham and Mansfield has sold for $10.5 million.

Townhouse-Style Complex Trades for $25.4M in Groton

Townhouse-Style Complex Trades for $25.4M in Groton

by Steve Adams | Aug 8, 2025 | Commercial & Industrial, CR Daily, Executive Briefing

A townhouse-style rental complex located near the Electric Boat shipyard in Groton traded for $25.4 million.

State Offers Development Opportunity at Busiest Rail Hub

State Offers Development Opportunity at Busiest Rail Hub

by Steve Adams | Aug 7, 2025 | Commercial & Industrial, CR Daily, Industry News

A “once-in-a-generation” development opportunity is materializing in downtown Stamford as state transportation officials seek to leverage private investment in and around the Stamford Transportation Center.

Protect Your House from Break-Ins

by Lew Sichelman | Aug 7, 2025 | CR Daily, Industry News, Opinion, Residential Real Estate

Thefts from the houses of sports stars Ketel Marte, Travis Kelce, Patrick Mahomes and Rob Gronkowski should raise the hackles of every homeowner – celebrity or not.

Hartford Apartments Trade for $6.7M

Hartford Apartments Trade for $6.7M

by The Commercial Record | Aug 6, 2025 | Commercial & Industrial, CR Daily, Industry News

The Sumner House Apartments, a multifamily building just outside downtown Hartford, has traded hands for $6.7 million.

Chase Plans Five More Branches in Connecticut

Chase Plans Five More Branches in Connecticut

by The Commercial Record | Aug 5, 2025 | Banking & Lending, CR Daily, Industry News

Chase Bank says it is planning to open five more branches in Connecticut over the next two years, adding to its existing 62-branch total.

CT Home to Hottest ZIP Codes in Country

CT Home to Hottest ZIP Codes in Country

by Sam Minton | Aug 5, 2025 | Commercial & Industrial, CR Daily, Industry News

Fairfield County and a Hartford suburb helped land the state top rankings in a new report from Realtor.com.

Bank with Big Hartford Presence Expands in Mass.

by Sam Minton | Aug 4, 2025 | Banking & Lending, CR Daily, Industry News

A division of a major presence in the Hartford-area banking market is proposing to merge with a rural Massachusetts lender to create a $6.69 billion-asset institution.

CT Could Lose WBNBA Team in $325M Deal

by The Associated Press | Aug 4, 2025 | Commercial & Industrial, CR Daily

A group led by Celtics minority owner Steve Pagliuca has reached a deal to buy the Connecticut Sun for a record $325 million and move the team to Boston, according to a person familiar with the sale.

Nine Housing Projects Get State Funding

by The Commercial Record | Aug 1, 2025 | Commercial & Industrial, CR Daily, Industry News

The state Department of Housing and the Connecticut Housing Finance Authority announced today that they have signed financing agreements for nine developments that will contribute to the creation or preservation of 478 housing units.

Boosting Satisfaction in the Mortgage Process

Boosting Satisfaction in the Mortgage Process

by Sam Minton | Jul 31, 2025 | Banking & Lending, CR Daily, Industry News, People

While customer satisfaction remains high for mortgage originators, customers are increasingly dissatisfied with their mortgage servicers. Andrew Marquis, senior vice president at Cleveland-based CrossCountry Mortgage, thinks the issue may be that originators have set the customer service bar too high.

Connecticut Home Equity Jumps in Second Quarter

by Sam Minton | Jul 31, 2025 | Banking & Lending, CR Daily, Industry News, Residential Real Estate

Connecticut saw the largest annual increase nationwide in the proportion of equity-rich homes in the second quarter of 2025.

First County Bank CEO Retiring

First County Bank CEO Retiring

by Sam Minton | Jul 30, 2025 | Banking & Lending, CR Daily, Industry News

First County Bank CEO Robert J. Granata will retire in July 2026.

Federal Reserve Likely to Stand Pat On Rates This Week, Deepening the Gulf Between Powell and Trump

Federal Reserve Likely to Stand Pat On Rates This Week, Deepening the Gulf Between Powell and Trump

by The Commercial Record | Jul 30, 2025 | Banking & Lending, CR Daily, Industry News

The Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting.

Sikorsky Credit Union Plans New Branch in Fairfield

by Sam Minton | Jul 29, 2025 | Banking & Lending, CR Daily, Industry News

Currently in the design phase, Sikorsky Credit Union plans a new branch opening in Fairfield in 2026.

State Rep. Joins Westport Commercial Real Estate Firm

State Rep. Joins Westport Commercial Real Estate Firm

by Steve Adams | Jul 28, 2025 | Comings & Goings, Commercial & Industrial, CR Daily, Executive Briefing

A state legislator is joining Westport-based Charter Realty as its newest broker as it expands its landlord and tenant representation services in Connecticut.

Pokemon Tower Designed by New Haven Architects Reaches Completion

Pokemon Tower Designed by New Haven Architects Reaches Completion

by Steve Adams | Jul 28, 2025 | Commercial & Industrial, CR Daily, Industry News

A 25-story office tower designed by New Haven-based architects Pickard Chilton is raising the bar for high-end workplaces.

Bridgeport Ranks #5 in Home Sale Profit Growth

by Sam Minton | Jul 28, 2025 | Industry News, Residential Real Estate

Single-family home sales continue to rake in profits for sellers, with the metro Bridgeport area in the top five.

Hartford Suburbs, Fairfield County Downtowns Lead Office Leasing Activity

Hartford Suburbs, Fairfield County Downtowns Lead Office Leasing Activity

by Steve Adams | Jul 25, 2025 | Commercial & Industrial, CR Daily, Industry News

Office tenants gravitated toward suburban leases in Hartford County this spring, while Fairfield County’s downtown districts continue to attract the highest rents and demand.

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