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Veteran Builder Lends Guidance to State’s Housing Agenda

Veteran Builder Lends Guidance to State’s Housing Agenda

by Steve Adams | Apr 23, 2026 | Commercial & Industrial, CR Daily, Industry News

During a four-decade career in homebuilding, Greg Ugalde has built plenty of homes with his company, T&M Building Co. Now he’s putting his expertise to work as a senior advisor to the CT Department of Housing.

512 Apartments OK’d for Milford Office Park

512 Apartments OK’d for Milford Office Park

by James Sanna | Apr 22, 2026 | Commercial & Industrial, CR Daily, Industry News

A joint venture is nearing the end of a multi-year process to entitle a sweeping redevelopment of Milford’s Crown Corporate Campus office park into hundreds of apartment units.

Stamford Bank CEO Transition Takes Effect

Stamford Bank CEO Transition Takes Effect

by James Sanna | Apr 21, 2026 | Banking & Lending, CR Daily, Industry News, People

Stamford’s First County Bank has formally passed into the care of Nitin Mhatre, formerly CEO of the $12 billion-asset Berkshire Bank.

Big Banks See ‘Resilient’ US Economy, Warn on Energy Prices

Big Banks See ‘Resilient’ US Economy, Warn on Energy Prices

by The Associated Press | Apr 21, 2026 | Banking & Lending, CR Daily, Industry News

The nation’s biggest banks posted another quarter of strong profits, helped by a resilient economy and a flurry of dealmaking for their investment banking units.

Connecticut’s Top Home Sales: April 4-10, 2026

by The Commercial Record | Apr 17, 2026 | Industry News, Residential Real Estate

The five most expensive recent single-family and condominium sales in Connecticut.

242 Affordable Units Pitched at New Haven Ex-Nuclear Site

242 Affordable Units Pitched at New Haven Ex-Nuclear Site

by James Sanna | Apr 16, 2026 | Commercial & Industrial, CR Daily, Industry News

Asbestos, lead dust and uranium-contaminated debris could give way to hundreds of new, affordable homes for New Haven residents following a vote this week.

Get Your Buyers to Boost Their Credit Scores Before All Else

by Lew Sichelman | Apr 16, 2026 | CR Daily, Industry News, Opinion, Residential Real Estate

Is it worth focusing on credit improvement before buying a house? Borrowers should consider three questions.

Danbury Apartments Sell for $158M

Danbury Apartments Sell for $158M

by The Commercial Record | Apr 15, 2026 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News

One of the many multifamily complexes in Danbury near the New York state line has traded hands with a $34 million increase in sale price.

As Spring Neared, Homes for Sale in CT Fell

As Spring Neared, Homes for Sale in CT Fell

by James Sanna | Apr 14, 2026 | CR Daily, Industry News, Residential Real Estate

The number of homes for sale across Connecticut fell last month, potentially linked to the strong storm that blew through mid-month and left tens of thousands without power.

More Fed Officials See Possible Rate Hikes This Year, Minutes Show

More Fed Officials See Possible Rate Hikes This Year, Minutes Show

by The Associated Press | Apr 13, 2026 | Banking & Lending, CR Daily, Industry News

The number of Federal Reserve policymakers willing to consider an interest rate hike this year rose between the January and March meetings, as higher gas prices stemming from the Iran war threatened to worsen inflation in the coming months.

Homebuyers Tripped Up by Taxes, Insurance

by Lew Sichelman | Apr 9, 2026 | Commercial & Industrial, CR Daily, Industry News

Sixty-eight percent of all homeowners saw their mortgage payment rise over the past two years because of higher taxes and insurance.

Developers Are Making Noise in the Quiet Corner

Developers Are Making Noise in the Quiet Corner

by Steve Adams | Apr 9, 2026 | Commercial & Industrial, CR Daily, Industry News

Developers are eyeing vast parcels off Interstate 395 in northeastern Connecticut to accommodate rebounding demand for distribution and warehouse space.

JPMorgan CEO Dimon: Iran War Could Reignite Inflation

JPMorgan CEO Dimon: Iran War Could Reignite Inflation

by The Associated Press | Apr 7, 2026 | Banking & Lending, CR Daily, Industry News

JPMorgan Chase CEO Jamie Dimon warned in his annual shareholder letter that a “resilient” U.S. economy could face renewed inflation pressures if the war in Iran disrupts global energy markets.

Lamacchia Adds Two CT Offices with Brokerage Acquisition

Lamacchia Adds Two CT Offices with Brokerage Acquisition

by James Sanna | Apr 6, 2026 | CR Daily, Industry News, Residential Real Estate

Massachusetts-based Lamacchia Realty is doubling its footprint in Connecticut by acquiring a two-office, 24-agent brokerage in the state.

Homebuyers Tripped Up by Taxes, Insurance

by Lew Sichelman | Apr 2, 2026 | CR Daily, Industry News, Opinion, Residential Real Estate

Sixty-eight percent of all homeowners saw their mortgage payment rise over the past two years because of higher taxes and insurance.

Taking a Household Name into the Digital Age

Taking a Household Name into the Digital Age

by Sam Lattof | Apr 2, 2026 | Banking & Lending, CR Daily, In Person, Industry News

American Eagle Financial Credit Union is entering a new digital era, but remains focused on being involved in the community, says Chief Strategy and Revenue Officer Brian Kennedy.

New Britain Developer Sells Brand-New Apartments

New Britain Developer Sells Brand-New Apartments

by James Sanna | Mar 31, 2026 | Commercial & Industrial, CR Daily, Industry News

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

Shelbourne JV Moves to Sell Hotel-to-Rentals Conversion

by James Sanna | Mar 31, 2026 | Commercial & Industrial, CR Daily, Industry News

A large Hartford hotel-to-apartments conversion is on the market for $55 million, double what its developers paid five years ago.

Profits on CT Home Slips to $106K

by Sam Lattof | Mar 31, 2026 | CR Daily, Industry News, Residential Real Estate

Home flipping profits have dropped across the country, and the gross return on investment has dropped below $50,000 for New Hampshire investors.

Better Home & Finance, Coinbase to Offer Crypto-Backed Mortgages

by The Associated Press | Mar 31, 2026 | Banking & Lending, CR Daily, Industry News, Residential Real Estate

Prospective homebuyers who have invested in certain cryptocurrencies will be able to use their holdings as collateral to fund their down payment on a home as part of a new mortgage offering.

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