Industry News

261 Apartments Pitched in Stamford’s Waterside
By James Sanna | August 22, 2025 | Reprints | Unlock LinkStamford businessman Leandro Rizzuto Jr., co-founder of personal care company Conair, wants to turn one of the company’s locations into hundreds of new homes.

Waiting for the Next Shoe to Drop in CRE
By Steve Adams | Commercial Record Staff | August 21, 2025 | Reprints | Unlock LinkOver nearly three decades, Choyce Peterson has carved out a niche in Fairfield and Westchester counties as a full-service brokerage specializing in office sales and leasing. John P. Hannigan is one of the principals.
Review Your Homeowners Insurance Yearly
By Lew Sichelman | August 21, 2025 | Reprints | Unlock LinkThe beginning of hurricane season should serve as a reminder to homeowners in affected areas to make sure their homeowners insurance is up to date.

Thinking About a Heat Pump? What to Know Before Choosing
By Caleigh Wells | The Associated Press | August 19, 2025 | Reprints | Unlock LinkFederal incentives for home energy improvements are running out at the end of the year, so it’s decision time for anyone who has been thinking about a heat pump.

Foreclosure Activity Dips in CT
By Sam Minton | August 18, 2025 | Reprints | Unlock LinkForeclosure activity is increasing across the United States, and Connecticut is among the many states seeing activity.

Inflation or Jobs: Federal Reserve Divided Over Competing Concerns
By Christopher Rugaber | The Associated Press | August 18, 2025 | Reprints | Unlock LinkOne major question will be front and center for Federal Reserve policymakers as they prepare for an annual conference in Jackson, Wyoming next week and a crucial policy meeting in September: Which is a bigger problem for the economy right now, stubborn inflation or slower hiring?

Hartford Doubles Multifamily Permitting
By Sam Minton | August 15, 2025 | Reprints | Unlock LinkWhile construction of multifamily housing units is on the decline nationwide, Hartford has seen some growth in the last year.

Engineering Company Expands in Rocky Hill
By Steve Adams | Commercial Record Staff | August 15, 2025 | Reprints | Unlock LinkAn engineering company is doubling its footprint at a Rocky Hill office building located at the entrance to the 230-acre Corporate Ridge office park.

Lower Mortgage Rates Adding Competition, Not Inventory
By Sam Minton | August 14, 2025 | Reprints | Unlock LinkWith mortgage rates on the decline, an already competitive residential real estate market is set to grown even fiercer in Connecticut.
Protection Against Condo Special Assessments
By Lew Sichelman | August 14, 2025 | Reprints | Unlock LinkTens of thousands, if not hundreds of thousands, of condominium apartments are languishing on the market these days, and not just because of high interest rates and high prices.

Citizens Names New CFO
By Sam Minton | August 13, 2025 | Reprints | Unlock LinkCitizens Bank has tapped a Barclays Bank veteran to be its lead financial executive.

Buyer Agent Commissions Rising One Year After NAR Settlement
By Sam Minton | August 13, 2025 | Reprints | Unlock LinkA year after the National Association of Realtors settlement, the effects on buyer agent commissions appear minimal.

Office Growth Expected, Except Among Largest Companies
By Steve Adams | Commercial Record Staff | August 12, 2025 | Reprints | Unlock LinkA growing majority of office tenants plan to expand their real estate footprints in the next three years, according to a nationwide survey of occupier sentiment.

Newmark Hires Back Brokerage Veteran for Office Leasing, Advisory Role
August 12, 2025 | Reprints | Unlock LinkCommercial brokerage Newmark announced that Brian Carcaterra has rejoined the company as an executive managing director in its Stamford office.

Trump Opens Door to 401k Investments in Real Estate, Crypto
By Ken Sweet | The Associated Press | August 11, 2025 | Reprints | Unlock LinkAn 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
August 11, 2025 | Reprints | Unlock LinkA 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
By Steve Adams | Commercial Record Staff | August 8, 2025 | Reprints | Unlock LinkA 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
By Steve Adams | Commercial Record Staff | August 7, 2025 | Reprints | Unlock LinkA “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 | August 7, 2025 | Reprints | Unlock LinkThefts 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
August 6, 2025 | Reprints | Unlock LinkThe Sumner House Apartments, a multifamily building just outside downtown Hartford, has traded hands for $6.7 million.