Industry News
Stamford\’s South End No Longer Wrong Side Of The Tracks
By James Cronin | Special To Commercial Record | June 7, 2012 | Reprints | Unlock LinkOnce considered the wrong side of the tracks, Stamford’s South End is starting to come into its own with hundreds of new residences, new office space and easier access to the area.
Scores Go Up, Scores Go Down
By Kenneth R. Harney | Washington Post Columnist | June 7, 2012 | Reprints | Unlock LinkIn a marketplace where lenders are demanding record-high FICO credit scores — Fannie Mae and Freddie Mac are averaging around 760 on approved mortgages this year — are you a little fuzzy about what can push your scores up or down?
Shelton Firm To Study State’s Consumer Banking Habits
By Matt Brown | Commercial Record Staff Writer | June 7, 2012 | Reprints | Unlock LinkA Shelton company says it intends to conduct a “wide scale” study of consumer banking habits in Connecticut.
Five Signs Real Estate Markets Are Improving
By Bernice Ross | Inman News Columnist | June 7, 2012 | Reprints | Unlock LinkWe’re in the midst of spring selling season and mixed among all the negative news about unemployment and the worrisome news from overseas there are signs that the real estate market has begun taking its first tentative steps to recovery.
First Rule Of Realtor Safety: Know Thy Client
By David W. Meyers | Inman News | June 7, 2012 | Reprints | Unlock LinkThe kidnapping and armed robbery of a Pennsylvania Realtor by a man who posed as a prospective buyer is the latest reminder of the dangers that real estate agents face when performing even the most basic tasks, such as driving buyers around to show them properties, holding open houses for sellers, or simply meeting a prospective client for the very first time.
Prudential Connecticut Realty Launches Mobile App
By Colleen M. Sullivan | Commercial Record Staff Writer | June 7, 2012 | Reprints | Unlock LinkPrudential Connecticut Realty has launched a mobile application, providing its agents and clients with the latest innovation in real estate marketing. The new app is available in for the iPhone, Android and Blackberry.
Naugatuck Savings\’ Insurance Subsidiary Recognized For Excellence
June 6, 2012 | Reprints | Unlock LinkSafeco Insurance has recognized Naugatuck-based Sutherland Insurance Group, a subsidiary of Nutmeg Financial, MHC, with two of the company’s top honors, the Chairman’s Award and membership in the H.K. Dent Society.
PCR Honors Top May Agents In South Windsor, Meriden/Wallingford
June 6, 2012 | Reprints | Unlock LinkPrudential Connecticut Realty has awarded agents in its South Windsor and Meriden/Wallingford offices top listing and selling honors for May.
Urstadt Biddle Up Slightly In Q2
June 6, 2012 | Reprints | Unlock LinkEarnings were up slightly in the second quarter of fiscal year 2012 for Urstadt Biddle Properties Inc. (UBP), a Greenwich-based real estate investment trust (REIT).
Hartford Accountant Headed To Jail For Defrauding Citizens
June 6, 2012 | Reprints | Unlock LinkA Hartford accountant has been sentenced to five months in prison for helping a Waterbury heating oil company defraud Citizens Bank of millions of dollars.
Meriden Properties Sell For $6.3M
June 5, 2012 | Reprints | Unlock LinkProperties at 355 and 367 Research Parkway in Meriden have been sold to an undisclosed investor for $6.3 million.
Groups Strike Conn. Appalachian Trail Management Agreement
By James Cronin | Special To Commercial Record | June 5, 2012 | Reprints | Unlock LinkThe Appalachian Trail Conservancy, National Park Service and Appalachian Mountain Club have signed a memorandum of understanding to jointly manage Connecticut’s section of the Appalachian Trail (A.T.).
Washington Trust To Close ‘Mistick\’ Branch
June 5, 2012 | Reprints | Unlock LinkWashington Trust Bancorp Inc., holding company of the Westerly, R.I.-based Washington Trust Co., says it will close its branch at Olde Mistick Village in September.
PCR\’s Middletown, Wethersfield Offices Name Top May Producers
June 5, 2012 | Reprints | Unlock LinkPrudential Connecticut Realty’s Middletown office has given top marks for May to Mark Toledo, Jeanne Bailey and Jim Didato.
Nappier: Urban Outfitters Board On Way To Becoming Better Run, More Diverse
June 5, 2012 | Reprints | Unlock LinkConnecticut Treasurer Denise L. Nappier says the board of retailer Urban Outfitters is on the right track to becoming diverse and sustainable.
NY To Consider NYC-Wide Ideas For Center, Casino
June 5, 2012 | Reprints | Unlock LinkNew York Gov. Andrew Cuomo says the world’s top developers will soon compete to propose a convention center and casino in or close to New York City, possibly including Manhattan or the Belmont race track.
Spain Says Markets Shutting It Out, Seeks EU Help For Banks
June 5, 2012 | Reprints | Unlock LinkSpain’s high borrowing costs mean it is effectively shut out of the bond market and the European Union should help Madrid recapitalize its debt-laden banks, Treasury minister Cristobal Montoro said on Tuesday.
Norwalk Green Energy Firm Expands Into Mass.
June 4, 2012 | Reprints | Unlock LinkNorwalk-based Viridian Energy is entering the Massachusetts market as part of an aggressive growth strategy.
Total Mortgage Partners With Keller Williams
June 4, 2012 | Reprints | Unlock LinkTotal Mortgage Services LLC, a national mortgage lender based in Danbury, has entered a marketing services agreement with Keller Williams Realty in Ridgefield and Danbury.
State Sponsors Free Mortgage Assistance Event
June 4, 2012 | Reprints | Unlock LinkA free, mortgage-assistance event for homeowners who need information or help with loan modifications, foreclosure prevention, state and federal assistance programs and other lending-related issues is scheduled for next month.
