Ion Bank to Merge With The Cooperative Bank
Ion Bank will be merging with The Cooperative Bank, with the latter operating as a division of the Connecticut-based institution.
Developer Open to ‘Change Course’ at Point Stratford
Stratford’s new mayor made it a priority to move forward redevelopment of the former Army Engine Plant property, and to add housing as a component of the new design.
Funding Announced for Cleanup of 12 Blighted Properties
The state’s Brownfield Remediation and Development Program is releasing $15.2 million in funding to support investigation and cleanup activities on 267 acres of land across the state to prepare the sites for future development.
Patriot Bank Expands High Net Worth Banking Program
While Patriot Bank is expanding its presence in Fairfield County, the bank is also expanding its high net worth banking program.
Treasury Expands Bank Data-Sharing Rules Tied to Trump Immigration Crackdown
The Treasury Department moved Friday to enlist the nation’s banks more deeply in President Donald Trump’s immigration crackdown, including issuing fresh guidance that lets banks rapidly share information about suspected customers.
Connecticut Receives Failing Grade on Realtor.com Report Card
Connecticut has failed another affordability benchmark, according to a new report from Realtor.com.
State Announces Grants to Improve Transportation Infrastructure
The Connecticut Department of Transportation is awarding $10.8 million in grants to 17 cities and towns for projects that improve safety, accessibility and mobility.
Hartford Named Hottest Market in May
The Hartford housing market has been named the hottest in all of the United States, according to a new report from Realtor.com.
Skyline Financial FCU COO Adds EVP Duties
Skyline Financial FCU’s COO Benjamyn Frye will add EVP responsibilities to his schedule.
Don’t Pass on Government Loans
Misguided buyers and sellers too often turn their noses up at these loans thanks to unfair myths that linger. Let’s bust some of those misconceptions.
New CT Law Takes Sides in Private Listings Debate
When Gov. Ned Lamont signed Senate Bill 340 into law late last month, he placed Connecticut in an exclusive club: states that are wading into the debate over private listings.
Two Greenwich Multifamily Assets Trade for $356M
A joint venture involving a Boston-area real estate investor has picked up a pair of apartment complexes in Greenwich, near the New York State line.
460-Unit Multifamily Site Up for Sale Amid EB Hiring Boom
A 33-acre site primed for multifamily development is being offered for sale near the steadily-expanding Connecticut shipyard that builds half of the U.S. Navy’s submarines.
Treasury Warns Banks of ‘Red Flags’ Tied to Undocumented Customers
Federal financial crimes investigators want banks to help as part of the Trump administration’s latest measure to clamp down on immigration.
Developer Wants to Expand Hotel in Norwalk Office Reuse Project
A Norwalk developer that’s currently building an apartment block on part of an office property in the city’s downtown wants to expand a planned hotel on the site.
Rent-to-Own Calculus Improves in Hartford Area
It now takes less time for homebuyers in Greater Hartford to realize the benefits of buying compared to renting.
State Development Authority Gets $19M to Help Housing Projects
The State Bond Commission has OK’d over $19 million to boost the construction of over 150 new homes statewide, and another $10 million to help first-time homebuyers.
Connecticut Single-Family Market Experiences April Slowdown
According to new data from The Warren Group, the publisher of The Commercial Record, the Connecticut single-family home market is seeing a dropoff in activity.
Unilever to Anchor Big Lab Block in Downtown New Haven
International consumer products giant Unilever plans to drop $270 million on the latest addition to downtown New Haven.
Mortgages ‘Increasingly Out of Reach’ for Hourly, Gig Workers
It’s always been tougher for hourly employees to qualify for a mortgage. But new research shows that people in all kinds of occupations are having a more difficult go of it.
