Investor Pays $42M for Avon Apartments
A three-building apartment complex in Avon has changed hands, from a Waterbury-based firm to an East Hartford-based investor.
Connecticut Cracks Down on Investor Homebuyer Strategy
Investors who buy a property and then find a new homebuyer before the initial deal is completed are now required to register with the state of Connecticut.
Big Windsor Office Complex Sells for Pennies on the Dollar
A 73-acre office property in Windsor has traded hands for around 5 percent of its last sale price two decades ago.
HUD Grants $10.7M for Housing Improvements
The CT Department of Housing is awarding $10.7 million in grants to five municipalities for infrastructure improvements to support low and moderate-income residents.
Warsh’s Gamble: A Quieter Federal Reserve Could Mean Volatile Markets, Higher Rates
Like many economists, Kevin Warsh thinks the financial markets have become too dependent on Fed guidance, and that such direction is more effective in financial crises or economic downturns.
