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What the Supreme Court’s Ruling Means for Federal Reserve Independence

by The Associated Press | Jul 1, 2026 | Banking & Lending, CR Daily, Industry News

The Supreme Court on Monday said the Federal Reserve, unlike any other agency in Washington, has a measure of independence from the presidency and day-to-day politics. But the court didn’t define to what extent.

Investor Pays $42M for Avon Apartments

Investor Pays $42M for Avon Apartments

by James Sanna | Jun 29, 2026 | Commercial & Industrial, CR Daily, Industry News

A three-building apartment complex in Avon has changed hands, from a Waterbury-based firm to an East Hartford-based investor.

Connecticut Cracks Down on Investor Homebuyer Strategy

Connecticut Cracks Down on Investor Homebuyer Strategy

by Sam Lattof | Jun 26, 2026 | CR Daily, Industry News, Residential Real Estate

Investors who buy a property and then find a new homebuyer before the initial deal is completed are now required to register with the state of Connecticut.

Real Estate Has Lost Its Way. We Must Return to Our North Star

Real Estate Has Lost Its Way. We Must Return to Our North Star

by Bernice Ross | Jun 25, 2026 | CR Daily, Industry News, Opinion, Residential Real Estate

The industry keeps fighting over platforms and policies while agents struggle to do more transactions. And everyone is overlooking hundreds of thousands of potential buyers and sellers.

Big Windsor Office Complex Sells for Pennies on the Dollar

by James Sanna | Jun 24, 2026 | Commercial & Industrial, CR Daily, Industry News

A 73-acre office property in Windsor has traded hands for around 5 percent of its last sale price two decades ago.

HUD Grants $10.7M for Housing Improvements

by The Commercial Record | Jun 23, 2026 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

The CT Department of Housing is awarding $10.7 million in grants to five municipalities for infrastructure improvements to support low and moderate-income residents.

Patriot Bank Expands Into Florida

Patriot Bank Expands Into Florida

by Sam Lattof | Jun 22, 2026 | Banking & Lending, CR Daily, Industry News

Stamford-based Patriot Bank is heading south. The bank is opening a branch in Palm Beach, Florida.

Warsh’s Gamble: A Quieter Federal Reserve Could Mean Volatile Markets, Higher Rates

by The Commercial Record | Jun 22, 2026 | Banking & Lending, CR Daily, Industry News

Like many economists, Kevin Warsh thinks the financial markets have become too dependent on Fed guidance, and that such direction is more effective in financial crises or economic downturns.

Danbury Hotel Sold for $12M

Danbury Hotel Sold for $12M

by The Commercial Record | Jun 22, 2026 | Commercial & Industrial, CR Daily, Industry News

The Holiday Inn Express & Suites in Danbury recently sold for just over $12 million.

Liberty Bank Creates ‘AI Center of Excellence’

by Sam Lattof | Jun 19, 2026 | Banking & Lending, CR Daily, Industry News

Liberty Bank is enhancing its investment in artificial intelligence with a new project dubbed the “AI Center of Excellence.” It will serve as the hub for AI strategy, governance and execution across Liberty Bank’s personal, commercial and digital banking operations.

Ion Bank to Merge With The Cooperative Bank

by Sam Lattof | Jun 18, 2026 | Banking & Lending, CR Daily, Industry News

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

Developer Open to ‘Change Course’ at Point Stratford

by Steve Adams | Jun 18, 2026 | Commercial & Industrial, CR Daily, Industry News

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

by The Commercial Record | Jun 17, 2026 | Commercial & Industrial, CR Daily, Industry News

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

by Sam Lattof | Jun 16, 2026 | Banking & Lending, CR Daily, Industry News

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

by The Associated Press | Jun 15, 2026 | Banking & Lending, Industry News

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

by Sam Lattof | Jun 15, 2026 | CR Daily, Industry News, Residential Real Estate

Connecticut has failed another affordability benchmark, according to a new report from Realtor.com.

State Announces Grants to Improve Transportation Infrastructure

State Announces Grants to Improve Transportation Infrastructure

by The Commercial Record | Jun 12, 2026 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

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

Hartford Named Hottest Market in May

by Sam Lattof | Jun 12, 2026 | CR Daily, Industry News, Residential Real Estate

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 COO Adds EVP Duties

by Sam Lattof | Jun 11, 2026 | Banking & Lending, CR Daily, Industry News

Skyline Financial FCU’s COO Benjamyn Frye will add EVP responsibilities to his schedule.

Don’t Pass on Government Loans

by Lew Sichelman | Jun 11, 2026 | CR Daily, Industry News, Opinion

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.

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