Industry News
Shenkman Signs Lease at Stamford Building
February 7, 2008 | Reprints | Unlock LinkShenkman Capital Management, an independently owned investment advisory firm, has signed an 18,735-square-foot lease at 262 Harbor Drive in Stamford.
Business Center Sellers Net Big Profit
By Jeff Haynes | Reporter | February 7, 2008 | Reprints | Unlock LinkA $28.3 million Bristol purchase made in 2006 has turned into a $60.5 million sale for two New York-based real estate investment firms.
Connecticut Rents Outpace Country’s
By Jeff Haynes | Reporter | February 7, 2008 | Reprints | Unlock LinkRents across Connecticut are growing faster than most of the nation.
Paying the Price
By Jeff Haynes | Reporter | February 7, 2008 | Reprints | Unlock LinkThe number of sales continued to fall, but the buyers who did purchase homes in 2007 paid more than ever.
Realtors Mundy, Slifkin Join Country Living
January 31, 2008 | Reprints | Unlock LinkCountry Living Assoc. has added Realtors to its New Canaan and Stamford offices.
Sheila Ahern Mundy has joined the company’s New Canaan office. Mundy, a lifetime resident of Fairfield County, is a member of the National Association of Realtors and the New Canaan Board of Realtors.
Open Solutions Adds IXE Banco as Client
January 31, 2008 | Reprints | Unlock LinkMexico City-based IXE Banco has signed an agreement to implement Open Solutions Inc.’s The Complete Banking Solution, a database core banking solution.
H. Pearce’s Riley, Vinci Broker Two Sales
January 31, 2008 | Reprints | Unlock LinkNeil Riley and Virginia Vinci, both of the Rocky Hill office of H. Pearce Commercial Real Estate, have brokered the sale of a 2,742-square-foot office condo for $280,000 at Southway Executive Park, located at 35 Cold Spring Road in Rocky Hill.
Lis Pendens Up by 59% Since 2005
By Jeff Haynes | Reporter | January 31, 2008 | Reprints | Unlock LinkStatewide lis pendens filings for 2007 jumped up 28 percent from 2006, and 59 percent from the 2005 total.
Mortgage Expo Crowd Hits 1,000
By Jeff Haynes | Reporter | January 31, 2008 | Reprints | Unlock LinkMarket turmoil shortened the list of exhibitors, but attendees turned out in droves for the annual Southern New England Mortgage Expo. The event, held Monday at Mohegan Sun in Uncasville, drew an estimated crowd of 1,000.
FHA Loans a Hot-Button Topic for Brokers
By Jeff Haynes | Reporter | January 31, 2008 | Reprints | Unlock LinkIf the mortgage market has become a Big Bad Wolf, the Federal Housing Administration appears to be a brick house.
About 30 people, mostly mortgage brokers, tried to get up to speed on how to become an FHA broker during one of the workshops at Monday’s Southern New England Mortgage Expo at Mohegan Sun in Uncasville.
Catering Showcases Property, Boosts Income, Attracts Tenants
By Timothy Dodge | Contributing Writer | January 31, 2008 | Reprints | Unlock LinkThe role catering plays in creating a world-class employee dining program frequently is underrated. Often, the focus is on managing the day-to-day operations of the employee cafe, when, in reality, premier catering services are essential if owners, managers and developers are to offer true Class A amenities.
Managing a Shared Office Center Requires Flexibility, New Approaches
By Lisa Kirby-Gibbs | Contributing Writer | January 31, 2008 | Reprints | Unlock LinkAlthough shared office centers emerged in the late-1960s, they were not widely accepted as a viable alternative to traditional office space. Now, not only are more shared office centers opening, but they also are experiencing much greater reception in the marketplace. This is mostly due to today’s mobile workforce, new wireless communications tools and economic globalization.
Can Your Landlord Facilitate A Complex Corporate Relocation?
By Richard Dowling | Contributing Writer | January 31, 2008 | Reprints | Unlock LinkWhether moving across the country or across the street, relocating corporate offices can be a daunting task. Recognizing the myriad challenges associated with corporate moves, many landlords now are offering to build out tenants’ spaces for them – assuming the responsibility for everything from design to construction to furniture delivery.
Increasing a Property’s Value Through Green Building Practices
By Lisa Raffin | Contributing Writer | January 31, 2008 | Reprints | Unlock LinkWaste is not a word anyone wants to hear these days, especially investors. Rising energy costs, the decreasing value of the dollar in the international market, and the threat of global warming have helped to bring the sustainability of building operations to the forefront for many organizations.
The Integral Role of Management: Early Involvement Increases Success
By Jeff Gutsfeld | Contributing Writer | January 31, 2008 | Reprints | Unlock LinkOutsourced project management has gained popularity within the academic sectors over the past 10 years, and for good reason.
BREAKING NEWS: Lis Pendens Up by 59% Since 2005
By Jeff Haynes | Reporter | January 30, 2008 | Reprints | Unlock LinkStatewide lis pendens filings for 2007 jumped up 28 percent from 2006, and 59 percent from the 2005 total.
BREAKING NEWS: People’s United President Loses Battle With Cancer
January 25, 2008 | Reprints | Unlock LinkThe president and chief executive officer of Bridgeport-based People’s United Financial, John A. Klein, died of cancer on Friday.
Prudential Northwest Realty Changes Name
January 24, 2008 | Reprints | Unlock LinkTorrington-based Prudential Northwest Realty has changed its name to Prudential Premier Homes as part of a push to expand its services statewide.
Debbie Videtto, managing broker of Prudential Premier Homes, is looking for more agents in addition to more listings statewide.
Webster Appoints Klaus as Regional President
January 24, 2008 | Reprints | Unlock LinkWaterbury-based Webster Bank has appointed Jeffrey A. Klaus as regional president for Greater New Haven.
Klaus has 25 years of experience in the Connecticut banking industry. Most recently, he served as senior vice president in Bank of America’s Business Banking Division in southern Connecticut and New York.
Witten, Nolletti Broker $51M Florida Sale
January 24, 2008 | Reprints | Unlock LinkSteve Witten and Victor Nolletti, of New Haven-based Marcus & Millichap Investment Real Estate Services, have closed the $51 million sale of Vista Grande at Tampa Palms in Tampa, Fla.
