Industry News
South Windsor Shopping Center Sells for $98M
By James Sanna | January 13, 2026 | Reprints | Unlock LinkSouth Windsor’s Shops at Evergreen Walk have traded hands from one institutional investor to another.
Fairfield Inn & Suites in Wallingford Sold for $9.2M
January 12, 2026 | Reprints | Unlock LinkA four-story, 116-room hotel in Wallingford has sold for $9.2 million.
Berkshire Bank CEO Jumps to First County Bank
By Sam Lattof | January 12, 2026 | Reprints | Unlock LinkBerkshire Bank President and CEO Nitin J. Mhatre will be First County Bank’s next CEO, the bank said in a statement.
Avon Mixed-Income Development Starts Construction
January 9, 2026 | Reprints | Unlock LinkBoston affordable housing developer Beacon Communities says it’s started the first phase of converting an office park in Avon into housing.
The Latest Scam for Homeowners: Fake Utility Billing Websites
By Lew Sichelman | January 8, 2026 | Reprints | Unlock LinkIt’s the latest scam levied against unaware homeowners. And what makes it so dangerous is that criminals aren’t just blasting out random emails.
Scaling High Barriers to Housing in the Tri-State Area
By Steve Adams | Commercial Record Staff | January 8, 2026 | Reprints | Unlock LinkThe nation’s busiest multifamily developer has brought on Chris Mazzola to lead its search for promising potential development sites in Connecticut and elsewhere.
Last Year’s Odd Economy and What to Watch for in 2026
By Christopher Rugaber | The Associated Press | January 7, 2026 | Reprints | Unlock LinkLast year’s odd outcomes raise a host of questions for the upcoming year: Will a growing economy eventually boost the sluggish job market? Or are last year’s weak job gains a sign of a stumbling economy that could get worse?
Glastonbury Offices Sell for $28M
January 7, 2026 | Reprints | Unlock LinkCBRE says it brokered the state’s largest office sale of 2025, the nearly $28 million sale of two buildings in Glastonbury’s Somerset Square development.
Business Park Including Xerox HQ Trades for $58.5M
By Steve Adams | Commercial Record Staff | January 6, 2026 | Reprints | Unlock LinkA four-building office portfolio in Norwalk that’s home to corporate tenants including the Xerox Corp. headquarters was acquired by an affiliate of Argent Ventures for $58.5 million.
Patriot Bank Touts Turnaround Progress to Investors
By Sam Lattof | January 6, 2026 | Reprints | Unlock LinkPatriot Bank touted its achievements in a recent letter to investors and argued is expecting more success in 2026 after a bruising few years.
Lender-Owned Norwich Apartments Fetch $2.2M
By James Sanna | January 5, 2026 | Reprints | Unlock LinkA 29-unit apartment building in downtown Norwich has been sold by its lender.
Average Hartford Homebuyer Needs 12 Years of Savings to Afford Down Payment
By Sam Lattof | January 5, 2026 | Reprints | Unlock LinkThe average homebuyer in Greater Hartford will need to save for over a decade to afford a down payment, according to a new analysis from Realtor.com.
Housing Inventory Growing in Connecticut
By Sam Lattof | December 22, 2025 | Reprints | Unlock LinkHousing inventory in Connecticut is on the rise, but prices are also continuing to increase.
Lamont Announces $12M in Energy Efficiency Loans for Developers
By James Sanna | December 22, 2025 | Reprints | Unlock LinkThe State Bond Commission has voted to put millions of dollars towards establishing a revolving fund to finance energy-efficient multifamily renovations.
PeoplesBank’s President Wants to Keep Growing
By Sam Lattof | December 11, 2025 | Reprints | Unlock LinkPeoplesBank has made big investments in Connecticut recently: naming rights to the former XL Center and a new operations center in Hartford. But newly promoted CEO Brian Canina has more plans for future growth.
Late with Payments? Call Your Lender Now
By Lew Sichelman | December 11, 2025 | Reprints | Unlock LinkThe typical indicators of homeowner financial stress – mortgage delinquencies and foreclosure filings – are rising across the land.
Webster Bank Subsidiary Buys Washington-Base Emergency Savings Provider
December 10, 2025 | Reprints | Unlock LinkHSA Bank, a division of Stamford-based Webster Bank last week announced that it has acquired SecureSave.
Hartford Predicted to Be Hottest Housing Market of 2026
December 10, 2025 | Reprints | Unlock LinkRealtor.com’s annual prediction of the hottest housing markets for 2026 placed Hartford in the lead and New Haven not far behind.
Wilton Multifamily Development Sells for $104M
By James Sanna | December 9, 2025 | Reprints | Unlock LinkA Wilton apartment complex near the Norwalk line has changed hands for over $1 million per door.
New England Metros Feeling Greatest Mortgage Lock-In Effects
By Sam Lattof | December 9, 2025 | Reprints | Unlock LinkFairfield County has the nation’s third-biggest gap between the typical homeowner’s mortgage payment and what today’s typical buyer faces.
