Despite the state’s reputation for occasionally difficult economic conditions, market-watchers expect the commercial real estate sector to remain strong in all three of Connecticut’s three major metros in the coming 12 months, with New Haven likely to lead the pack.
What Penn Johnson started with only a desk, a friend and a phone in 1996 grew into The Stamford Mortgage Co., which has now served well over 5,000 households and originated more than $2 billion in residential mortgage loans.
Connecticut single-family home sales declined in May as the median sale price reached an 11-year high, according to the latest report from The Warren Group, publisher of The Commercial Record.
A new mortgage product is about to hit the market that could make it easier for owners to repair or rebuild homes that have been damaged or destroyed in floods, tornadoes, hurricanes and other natural disasters.
Hubbell Inc. is planning to close its large Newtown factory, which employs 194.
A law firm that specializes in travel industry client work is leasing space at 320 Post Road West in Westport, bringing occupancy of the property to nearly 90 percent.
A Greenwich office building has sold for $5.15 million.
South Windsor-based direct private lender RCN Capital said in a statement released today that CEO Don Vaccaro will be stepping down effective June 30.