July 2, 2009 | Updated 12:00am



Jul. 06 Issue

Inside CR

Slow And Steady Could Win The Race

In theory, it’s a great time for a bank to buy an insurance agency – if banks were willing...

Sachem Bank Gets DOB Start-Up OK


Sachem Bank, a commercial bank designed to serve the estimated 75,000 people living along a...

Cutting Through The Tech Noise


At a recent real estate event, I realized that there are problems to which existing technology...

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Blogs

Housing Scene

Federal Requirements for Agency Disclosure?

By Aglaia Pikounis

The National Association of Exclusive Buyer Agents (NAEBA) wants to make sure buyers and sellers know exactly who the real estate agent is truly representing in a real estate transaction.


Updated Thursday, Jul. 2 @ 10:37am

Current News

State Street May Face SEC Charges Over Mortgages

Boston asset management and servicing giant State Street Corp. said it might face civil charges by U.S. securities regulators for exposing investors to losses on subprime mortgages.

Madoff Sentenced To 150 Years In Prison

U.S. District Court Judge Denny Chin sentenced disgraced financier Bernard Madoff, 71, to 150 years in prison on Monday for perpetrating Wall Street's biggest and most brazen investment fraud.

Bridgeport Apt. Complex Strikes $2.45M Refinance Deal

Two three-story, brick apartment buildings at 1465 E. Main St. in Bridgeport have secured $2.45 million in first mortgage financing from White Plains, N.Y.-based real estate investment firm Houlihan-Parnes Realtors.

GE Capital Helps Fertilize Calif. Nursery's Growth

Norwalk's GE Capital, Corporate Finance, has provided a $100 million asset-based credit facility to California's Monrovia Nursery, to be used for working capital needs, according to a statement.

May Home Sales Slide 18.5% Statewide, Distressed Home Sales Grow

The number of bank-owned property sales in Connecticut has jumped significantly to nearly 6 percent of single-family home sales transactions so far in 2009 compared to just 1 percent last year, according to The Warren Group, publisher of The Commercial Record.

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Housing Scene

A regular compendium of arcane data and interesting trends in Connecticut's housing market, powered by The Warren Group databases and compiled by our own Aglaia Pikounis.

April Showers

Vincent Valvo, group publisher of The Commercial Record, sat down with us recently to weigh in on Connecticut’s dismal April housing numbers. What can we look forward to, and is there any good news out there? Click here to listen in!

People, people

Keep track of your colleagues and competitors with our interactive people page. As a bonus, submit your own personnel news and photos.


Poll

Poll Image

Banking on Insurance
Are banks getting better at capitalizing on insurance sales, or are the skeptics right?

  • Banks are getting better - after this long, they'd better be.
  • Banks have a long way to go - most folks dont even know they can buy insurance from banks.
  • About the same - banks havent gotten better, but they haven't gotten worse either.

Most Popular


Video/Audio

CEO Tim Warren of The Warren Group, parent company of The Commercial Record, sat down with CR's Managing Editor Saul Williams to discuss the latest numbers out for Connecticut's housing market.

Listen

Vincent Valvo, group publisher of The Commercial Record, sat down with us recently to weigh in on Connecticut’s dismal April housing numbers. What can we look forward to, and is there any good news out there? Click here to listen in!

Listen

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