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Torrington Medical Offices Sell for $8.1M

Torrington Medical Offices Sell for $8.1M

by The Commercial Record | Nov 15, 2023 | Commercial & Industrial, CR Daily, Industry News

A single-story medical office in Torrington fetched $8.15 million in a recent sale.

State Awards $23M to Eight Communities to Support Livability and Equity

by The Commercial Record | Aug 11, 2023 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

The Connecticut Communities Challenge Grant program recently awarded its third round of grants to eight cities and towns to fund a range of revitalization projects intended to support job growth.

Pennrose Pioneers New Housing Models

Pennrose Pioneers New Housing Models

by Steve Adams | Oct 21, 2021 | Commercial & Industrial, CR Daily, In Person, Industry News

Pennrose Realty is carving out of a niche as a developer of senior housing for the LGBTQ community. Charlie Adams leads Pennrose’ New England region division, which has projects in Torrington and Hartford.

Who’s In the New Wave of Luxury Buyers?

Who’s In the New Wave of Luxury Buyers?

by The Commercial Record | Oct 29, 2020 | CR Daily, Industry News, Residential Real Estate

A new report from Coldwell Banker Real Estate says a new set of affluent homebuyer demographics are taking their wealth to new and unexpected markets across the U.S., including Torrington.

New Resources Available to Tackle Opioids in Construction Industry

New Resources Available to Tackle Opioids in Construction Industry

by The Commercial Record | Jun 13, 2019 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

The National Association of Home Builders (NAHB) rolled new resources on Tuesday to help residential construction companies address the opioid crisis facing the home building industry.

Amplifying the Argument for Housing Production

Amplifying the Argument for Housing Production

by Steve Adams | Apr 25, 2019 | Commercial & Industrial, Industry News, People, Residential Real Estate

A 25-year homebuilder and outspoken advocate on housing policies, Torrington-based T&M Building Co. President Greg Ugalde is taking a leadership role on the national stage as the 2019 chairman of the National Association of Home Builders.

Torrington Developer Named Head of National Association of Home Builders

Torrington Developer Named Head of National Association of Home Builders

by The Commercial Record | Mar 11, 2019 | CR Daily, Industry News, People, Residential Real Estate

A Connecticut developer with more than 25 years of experience in the homebuilding industry was elected as the 2019 chairman of the National Association of Home Builders during the association’s International Builders’ Show in Las Vegas in late February.

Owner of Historic Torrington House Secures ‘Fix and Flip’ Loan

Owner of Historic Torrington House Secures ‘Fix and Flip’ Loan

by The Commercial Record | Mar 1, 2019 | CR Daily, Industry News, Residential Real Estate

The owner of one of Torrington’s oldest houses has received a “fix and flip” loan for the property. 

State Awards $3.6M to Remediate Brownfields for Future Development

State Awards $3.6M to Remediate Brownfields for Future Development

by The Commercial Record | Dec 20, 2018 | Commercial & Industrial, CR Daily, Industry News

Connecticut is granting $3.6 million to 11 projects in eight municipalities to assess, remediate and revitalize blighted properties.

UConn Considering Sale of Torrington Campus

by The Commercial Record | Dec 17, 2018 | Commercial & Industrial, CR Daily, Industry News

The University of Connecticut’s board of trustees is expected to discuss selling the university’s vacant Torrington branch today for for $375,000.

Torrington Man Pleads Guilty to Tax Evasion

by The Commercial Record | Sep 25, 2018 | Banking & Lending, CR Daily, Industry News

A Torrington resident has pleaded guilty to one count of tax evasion in Bridgeport court.

Ohio Man Targets Torrington Business in Email Compromise Scheme

Ohio Man Targets Torrington Business in Email Compromise Scheme

by The Commercial Record | Apr 24, 2018 | Commercial & Industrial, CR Daily, Industry News

An Ohio resident pleaded guilty in New Haven federal court to a fraud offense stemming from his role in a business email compromise scheme.

Torrington Bank Aids Local Performance Group Renovation Project

by The Commercial Record | Feb 2, 2017 | Banking & Lending, CR Daily, Executive Briefing, Industry News

Torrington Savings Bank has announced a contribution to The Nutmeg Ballet Conservatory in Torrington to improve its performance space.

Chinese-Based Scammers Steal Town’s $2M Payment

by The Associated Press | Jan 18, 2017 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News

Authorities say Chinese-based scammers stole a $2 million online payment sent to a Torrington company for improvements to a Farmington sewage treatment plant.

Construction Company Acquires Multi-Use Cromwell Facility

Construction Company Acquires Multi-Use Cromwell Facility

by The Commercial Record | Jan 10, 2017 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News

A construction services company has purchased a 38,800-square-foot warehouse/office building in Cromwell.

Torrington Woman Admits To Defrauding Medicaid

by The Commercial Record | Jul 20, 2016 | CR Daily, Executive Briefing, Industry News, Insurance

A Torrington woman has waived her right to indictment and pleaded in Bridgeport court to one count of health care fraud.

Fuel Cell Energy Set To Undergo $23M Torrington Expansion

Fuel Cell Energy Set To Undergo $23M Torrington Expansion

by The Commercial Record | Nov 23, 2015 | Commercial & Industrial, Executive Briefing, Industry News

Danbury-based fuel cell manufacturer Fuel Cell Energy (FCE) recently announced expansion plans for its Torrington plant. FCE plans to expand its facility by 102,000 square feet, according to a statement. The initial expansion project is expected to cost $23 million,...

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