Mutifamily housing developers are gravitating to the suburbs in search of sites that offer lower acquisition and construction costs than urban cores. It’s a fertile growth opportunity for Callahan Construction.
The second major Stamford office property has traded hands in a month, after the former WWE headquarters sold, reportedly for a residential conversion.
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.
After President Donald Trump moved to freeze all federal financial assistance, setting of a storm of confusion and panic Tuesday, local low-income housing providers are left wondering if they will be able to make upcoming payments.
An East Haven auto body facility has traded hands to a Milford businessman.
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates.
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.
According to a recent survey from researchers at commercial brokerage CBRE, more investors are preparing to provide capital into the United States commercial real estate market
Two former state office buildings could soon become over 100 apartments after a Philadelphia mixed-income housing developer bought them for $1.1 million.
State officials recently announced nearly $26.17 million in loans, grants, tax credits and other forms of financing that will help get developments totaling 658 new housing units, 381 of which will be affordable housing.
Stamford-based Patriot Bank has to file a strategic plan with federal bank regulators and submit to extra oversight after being designated as “troubled” by the Office of the Comptroller of the Currency.
Donald Trump is holding off on tariffs during his first day and placing a big bet that his executive actions can cut energy prices and tame inflation. But it’s unclear whether his orders will be enough to move the U.S. economy as he promised.
A landmark building in downtown Mystic has traded hands for nearly $3 million in a transaction that will help a 127-year-old family business find a location for its expansion.
When a family member passes away, their loved ones sometimes become homeowners unexpectedly. In these situations, servicers are supposed to help, but some just steer borrowers into costly refinances.
In the midst of consolidation and bigger banks eating up small institutions, Charlyn Tanner is looking to help Dutch Point Credit Union keep up with the times.
The Connecticut Department of Banking and financial regulators in 48 other states have jointly levied an $80 million fine on the peer-to-peer payments company CashApp and its Block Inc. mobile payments service.
With a stronger economy, among other things, boosting consumer confidence, the outlook for home remodeling activity appears to be improving.
After losing its anchor tenant in 2023, the troubled CityPlace I tower in downtown Hartford could be headed for another storm.
JPMorgan’s net income soared 50 percent, and other major banks reported banner earnings for the year.
The income required to afford a starter home across the nation has risen significantly since 2019.
