Industry News
Santander to Acquire Connecticut’s Webster Bank
By Sam Lattof | February 4, 2026 | Reprints | Unlock LinkThe deal makes Santander’s Boston-based U.S. franchise a top-10 retail and commercial bank in the U.S. by assets and a top-five deposit franchise across the Northeast
CT Retail Plaza Sells for $5.25M
February 3, 2026 | Reprints | Unlock LinkHow much is a Plainville retail plaza worth? If it’s early 2026 and the plaza’s name is the Olde Canal Plaza, a recent transaction suggests that number is $5.25 million.
Developer Pitches 266 Units Near Glastonbury’s Town Center
By James Sanna | February 2, 2026 | Reprints | Unlock LinkGreenwich real estate developer HB Nitkin is seeking permission to build 266 apartments in Glastonbury’s commercial core.
Freshly Repositioned Stamford Retail Asset Losing Tenant
By James Sanna | February 2, 2026 | Reprints | Unlock LinkBankrupt discount fashion retailer Saks Off 5th is closing its Stamford store as it tries to restructure under Chapter 11 bankruptcy protections.
Aiming to Inspire the Next Generation
By Sam Lattof | January 29, 2026 | Reprints | Unlock LinkLynn Giroux has spent over 20 years at Essex Bank in a half-dozen different departments before being named the bank’s brand-new president and CEO.
CT Single-Family, Condo Inventories Head in Different Directions
By Sam Lattof | January 28, 2026 | Reprints | Unlock LinkBuyers in Connecticut ended the year watching the median sale prices for both property types rise.
Despite ‘Hot Market’ Predictions, Greater Hartford Could Be Worse for Homebuyers
By James Sanna | January 27, 2026 | Reprints | Unlock LinkGreater Hartford is predicted to be America’s hottest home-sales market this year. But despite that, it’s still far from the worst place to go house-hunting.
Stamford Office Building Sells for 50 Percent Discount
By James Sanna | January 27, 2026 | Reprints | Unlock LinkAn office building next to Stamford’s Metro-North train station traded hands in the waning days of 2025 for half what it sold for in 2013.
Nine CT Housing Developments Get State Financing
January 26, 2026 | Reprints | Unlock LinkThe Connecticut Department of Housing and the Connecticut Housing Finance Authority announced earlier this month that they have agreed to finance projects preserving or creating 627 homes.
West Hartford Resi Brokerage Merges with White Plains Firm
January 26, 2026 | Reprints | Unlock LinkA pair of brokerages based in West Hartford and White Plains, New York, are combining but keeping distinct brands.
Optimizing Construction Costs and Schedules Through AI
By Steve Adams | Commercial Record Staff | January 22, 2026 | Reprints | Unlock LinkZiv Levi’s New Haven startup uses AI to translate construction drawings into nuts-and-bolts work plans, potentially saving developers and contractors time and money.
Downtown Stamford Office Owner Announces Amenity Renovations
By James Sanna | January 21, 2026 | Reprints | Unlock LinkThe owners of a large downtown Stamford office building say they have commissioned a major refresh of the building’s common areas as it looks to fill significant swaths of tenant space.
CT Credit Union Trade Group Rebrands
By James Sanna | January 21, 2026 | Reprints | Unlock LinkThe 90-year-old Credit Union League of Connecticut announced it was changing its name to “Connecticut’s Credit Unions.”
Norwalk Development Seeks Office-for-Hotel Swap
By James Sanna | January 20, 2026 | Reprints | Unlock LinkNorwalk-based developer Spinnaker Real Estate Partners is rejiggering its nearly 3-acre waterfront development in its home city.
East Hartford Launches Branding Campaign Amid Redevelopments
By James Sanna | January 20, 2026 | Reprints | Unlock LinkEast Hartford officials are trying to put a new face on their community amid a wave of development interest.
M&T Bank Ends 2025 By Cleaning Up Loan Portfolio
By Sam Lattof | January 19, 2026 | Reprints | Unlock LinkM&T Bank cleaned up its loan portfolio in 2025. The bank told investors Friday morning that its provision for credit losses was $125 million in the fourth quarter, a 10.7 percent drop compared to the same period in 2024. M&T's provision for credit losses was...
Rocky Hill Retail Asset Sells for $14.3M
January 19, 2026 | Reprints | Unlock LinkA grocery-anchored retail plaza in Central Connecticut has traded hands despite being tied to a complex financing instrument.
Navigating the Nation’s Hottest Market
By Sam Lattof | January 15, 2026 | Reprints | Unlock LinkThe Hartford metro area was named Zillow’s hottest market for 2026, and Greater Hartford Association of Realtors President-Elect Deanna Crooks is in the middle of it.
Essex Bank Names New CEO
By James Sanna | January 14, 2026 | Reprints | Unlock LinkEssex Bank is promoting its chief operating officer to the corner office.
Banks Balk at Trump’s Requested 10 Percent Cap on Credit Card Rates
By Ken Sweet and Seung Min Kim | The Associated Press | January 13, 2026 | Reprints | Unlock LinkPresident Donald Trump wants a one-year, 10 percent cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from industry.





