A Multifamily Bet on New Haven’s Job Growth
By Steve Adams | Commercial Record Staff | June 23, 2022 | Reprints | Unlock Link 
Paredim Partners’ recent $52.5 million purchase of the 194-unit Taft apartments overlooking New Haven Green is the latest illustration of founder David Parisier’s confidence in the strength of the Elm City’s economy and multifamily market.
Leslie McKillip Joins Essex Savings Bank
June 21, 2022 | Reprints | Unlock Link
Essex Savings Bank has hired Leslie McKillip as vice president and commercial loan officer.
Man Sentenced in ATM Skimming Scheme
June 20, 2022 | Reprints | Unlock Link
A Romanian citizen has been sentenced for participating in an ATM skimming scheme that defrauded banks in Connecticut and elsewhere.
M&T Passes Fed Stress Test
By Diane McLaughlin | June 24, 2022 | Reprints | Unlock Link
The nation’s largest banks have strong capital levels and would be able to continue lending to households and businesses during a severe recession, according to the Federal Reserve’s annual stress test.
Powell: Fed Must Convince Public It Can Tame Inflation
As if their job weren’t hard enough at a time of raging inflation, Chair Jerome Powell and his Federal Reserve colleagues have to do more these days than decide just how much to raise interest rates without triggering a recession.
Gov. Lamont Urged to Address Open Jobs at Union Convention
By Susan Haigh | The Associated Press | June 24, 2022 | Reprints | Unlock Link
While organized labor had high praise for Democratic Gov. Ned Lamont at the opening day of the Connecticut AFL-CIO political convention on Thursday, workers urged him to do more to help fill numerous open positions in state government and across the state.
Westfarms Center Sold for $26.4M to Michigan Investor
By Steve Adams | Commercial Record Staff | June 23, 2022 | Reprints | Unlock Link
A leased retail power center on the border of Farmington and West Hartford has been sold by Tartaglia Commercial Properties for $26.4 million.
Payveris Launches Loan Repayment Service
June 23, 2022 | Reprints | Unlock Link
Cromwell-based Payveris, a technology company offering a digital payments platform, has launched a loan and debt repayment service that provides consumers with real-time payment options.
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