Industry News
Most Mortgage Borrowers Pay Too Much
By Lew Sichelman | July 30, 2026 | Reprints | Unlock LinkEven if you shopped for the lowest mortgage rate you could find, you may be paying more than necessary – simply because you didn’t know lower rates existed.
American Eagle FCU Is Turning Interchange Fees into Donations
By Sam Lattof | July 30, 2026 | Reprints | Unlock LinkAmerican Eagle Financial Credit Union isn’t just handing out checks. It is using its card products as a way to give back to the community, says Chief Community Officer Simeon Chapin.
Train Upgrades Would Cut 25 Minutes from NYC-New Haven Trip
By James Sanna | July 29, 2026 | Reprints | Unlock LinkThe state of Connecticut broke ground Monday on a nine-year project to rebuild Metro-North’s route between New York City and New Haven.
Windsor Eyes Incentives for Office Conversions
By James Sanna | July 28, 2026 | Reprints | Unlock LinkOfficials in the town of Windsor are looking at a new way to try and shed the dead weight on their tax rolls.
Hartford Has Tightest Housing Market in America: Report
July 27, 2026 | Reprints | Unlock LinkGreater Hartford is in a “peak seller’s” market, listings portal Realtor.com’s economists said, with the tightest market conditions of America’s 100 largest metro areas in the second quarter of 2026.
Big Spinnaker Project Gets $6M in Tax Help from New London
By James Sanna | July 24, 2026 | Reprints | Unlock LinkA Spinnaker Real Estate Partners proposal for waterfront apartments in New London faces over $14 million in “extraordinary costs.” Luckily for the developer, city leaders are sympathetic.
Luxury Market Outpaces the Field
By Lew Sichelman | July 23, 2026 | Reprints | Unlock LinkThe luxury housing market ain’t what it used to be, in more ways than one. Four different analyses show what’s happening.
Credit-Worthy Tenants Are Office Landlords’ North Star
By Steve Adams | Commercial Record Staff | July 23, 2026 | Reprints | Unlock LinkLenders are playing a significant role in selecting office tenants as substantial vacancies linger in Fairfield County’s office market.
71-Unit Affordable Development Pitched in Tolland
By James Sanna | July 22, 2026 | Reprints | Unlock LinkA Farmington-based developer is proposing to build a garden-style apartment complex in Tolland under the state’s 8-30g affordable housing law.
Developer Buys Site of 156-Unit ‘Enfield Station’ Project
By James Sanna | July 21, 2026 | Reprints | Unlock LinkFor a mere $2.64 million, a joint venture of two developers has bought the sight of their planned transit-oriented development in Enfield.
Megabanks Report Record Profits Despite Economic Uncertainty
By Matt Ott | The Associated Press | July 20, 2026 | Reprints | Unlock LinkFive of the biggest U.S. banks reported record profits on last week, boosted by their trading desks and a remarkably resilient American consumer amid persistent global economic uncertainty.
New Listings Aiding Connecticut Market While Inventory Lags Behind
By Sam Lattof | July 17, 2026 | Reprints | Unlock LinkThe Connecticut housing market was able to add listings to the market in June, bringing inventory to near parity with where it was this time last year.
Under the Hood of PeoplesBank’s Innovation Engine
By Sam Lattof | July 16, 2026 | Reprints | Unlock LinkPeoplesBank is not looking to be your average community bank, says Chief Operating Officer Aleda DeMaria.
Stamford Residential Tower Fetches $150M
By James Sanna | July 15, 2026 | Reprints | Unlock LinkThe original developer of one of Stamford’s Harbor Point apartment buildings has sold the property for almost $150 million.
Banking Regulators Issue New Guidance on Lending Risk Tied to Borrowers Illegally in US
By Fatima Hussein and Ken Sweet | The Associated Press | July 14, 2026 | Reprints | Unlock LinkThe Trump administration is taking additional steps to prevent people living in the U.S. illegally from using the nation’s banking system, cracking down on financial institutions that are lending money to them.
New Haven Apartments Trade for Over $6M
By Steve Adams | Commercial Record Staff | July 13, 2026 | Reprints | Unlock LinkA New Haven apartment complex was acquired by a New York investor for $6.15 million, representing a 146-percent increase from its previous trade in 2015.
Downtown Stamford Apartments Sell for $221M
By James Sanna | July 10, 2026 | Reprints | Unlock LinkA large downtown Stamford apartment complex has been sold to a New York City investor and property manager.
Price Gap Between New, Existing Homes Narrows
By Lew Sichelman | July 9, 2026 | Reprints | Unlock LinkThe price gap between new and existing houses has been falling in recent years, but buyers are still likely to pay 15 percent more for new construction.
Making Housing Development ‘Palatable’ Through Preservation
By Steve Adams | Commercial Record Staff | July 9, 2026 | Reprints | Unlock LinkFormer factories, schools and office buildings across Connecticut are being revitalized as residences by Pennrose under the leadership of Karmen Cheung, its New England regional vice president.
Downtown Greenwich Property Trades for $10.7M
By Steve Adams | Commercial Record Staff | July 8, 2026 | Reprints | Unlock LinkA 100 percent leased office-retail building in high-rent downtown Greenwich has traded for $10.7 million, or $622 per square foot.
