Industry News
Thomaston Savings Renovates Middlebury Branch
October 8, 2025 | Reprints | Unlock LinkThomaston Savings Bank announced it hosted a ribbon cutting ceremony for the grand reopening of their newly remodeled branch located at 1655 Straits Turnpike in Middlebury.
All-Cash Home Sales Post Modest Decline in CT
By Sam Lattof | October 8, 2025 | Reprints | Unlock LinkWhile nearly 1 in 3 homes in Connecticut were bought with cash in the first half of this year, these types of deals are on the decline – slightly.
Wallingford Industrial Property Sells for $1.7M
October 6, 2025 | Reprints | Unlock LinkA Wallingford industrial building has traded hands to an LLC registered to a Stonington residential address.
Torrington Savings Bank Promotes Top Lending Exec
October 6, 2025 | Reprints | Unlock LinkTorrington Savings Bank announced last week it’s promoted Michael Sweeney to chief commercial lending officer.
$80M New Canaan Development Picks Sales Brokerage
By James Sanna | October 3, 2025 | Reprints | Unlock LinkThe developer of a new luxury development in New Canaan picked a William Pitt Sotheby’s International Realty team to market its units.
Fairfield County Affordable Housing Buildings Sell for $40M
By James Sanna | October 3, 2025 | Reprints | Unlock LinkThe owner of a pair of affordable housing buildings, one in Danbury and the other in Norwalk, sold the two assets this week for nearly $40 million.
Price Cuts A-Plenty in New-Home Market
By Lew Sichelman | October 2, 2025 | Reprints | Unlock LinkHomebuilders are going to great lengths these days to move product. Many are still offering exceptional deals, especially on homes that are move-in ready.
Taking Stock of CT’s Fall Housing Market
By Sam Lattof | October 2, 2025 | Reprints | Unlock LinkAlexa Kebalo will be heading up the CT Realtors in 2026 with a market that is continuing to deal with a lack of inventory and where sellers still have the upper hand.
State Taps New Haven Biotech Buildings for $32M in Funding
By James Sanna | September 30, 2025 | Reprints | Unlock LinkGov. Ned Lamont’s office said Friday it’s making a $50.5 million investment in public infrastructure and facilities in downtown New Haven that are targeted toward “propelling growth in the life sciences industry” and the emerging quantum computing sector.
Liberty Mutual Finances Storrs Student Housing
By James Sanna | September 30, 2025 | Reprints | Unlock LinkA proposed housing development aimed at UConn students has been revealed to be part of a joint venture between its developer and Liberty Mutual’s investment arm.
Talent Crucial for CT’s Fast-Growing CRE Lenders
By Sam Lattof | September 25, 2025 | Reprints | Unlock LinkUsing data from The Warren Group, The Commercial Record has ranked the 50 fastest-growing lenders in Connecticut of 2025.
Twin Stamford Office Towers Sell
By James Sanna | September 24, 2025 | Reprints | Unlock LinkThe twin Stamford Towers office buildings have traded hands.
Fairfield Senior Living Facility Refinanced
By James Sanna | September 23, 2025 | Reprints | Unlock LinkMortgage company BWE announced it originated a $35.3 million permanent loan for an assisted living facility in Fairfield.
Danbury Hotel Sold for $13M
By James Sanna | September 23, 2025 | Reprints | Unlock LinkA Danbury hotel has traded hands for the second time in two years after renovations.
How the Fed’s Rate Cut Impacts Mortgage Rates
By Alex Veiga | The Associated Press | September 22, 2025 | Reprints | Unlock LinkHoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it.
Compass Buying Anywhere Real Estate in $10B Deal
By Sam Lattof | September 22, 2025 | Reprints | Unlock LinkResidential brokerage Compass has signed a deal to buy Anywhere Real Estate, the parent company of brands like Coldwell Banker and Better Homes & Gardens Real Estate.
AI Helps Compare Contractor Bids
By Lew Sichelman | September 18, 2025 | Reprints | Unlock LinkOne of the most difficult parts of beginning a home improvement project is comparing bids from various contractors. It’s almost impossible.
A Tale of Two Dead Malls
By Steve Adams | Commercial Record Staff | September 18, 2025 | Reprints | Unlock LinkThe opening of Waterford’s Crystal Mall in 1984 was considered nothing less than a tectonic shift in New London County’s economy. Today the largely-vacant property is featured by social media influencers exploring “dead malls.”
Fairfield OKs 68-Unit Affordable Project
By James Sanna | September 17, 2025 | Reprints | Unlock LinkFairfield’s Planning & Zoning Commission has given its nod to an apartment building proposed under Connecticut’s 8-30g affordable housing zoning law.
AI Shakes Up Call Center Industry, But Some Tasks Better Left to Humans
By Ken Sweet | The Associated Press | September 15, 2025 | Reprints | Unlock LinkSome jobs have been lost and there have been dire forecasts about the future job market for these individuals, ranging from modest single-percentage point losses, to as many as half of all call center jobs going away in the next decade.
