Commercial & Industrial
Multifamily lending was up 8 percent year over year in 2016, with nearly 3,000 different multifamily lenders providing a total of $269.2 billion in new mortgages for apartment buildings with five or more units, according to a new report from the Mortgage Bankers Association.
Gov. Dannel P. Malloy and Connecticut Department of Economic and Community Development (DECD) Commissioner Catherine Smith recently unveiled the state’s proposal for Amazon’s second headquarters, which includes sites in the Hartford and Stamford regions.
Horizons at Greens Farm Academy (GFA) is moving into the third-floor offices at 1057 Broad St. in Bridgeport.
Lecture halls and traditional classrooms are falling out of favor, providing the impetus for a wave of school building projects designed to accommodate flexible learning styles.
Commercial real estate owners looking to hedge interest rate risk are often asked to purchase derivatives and other financial products blindly. Rather than receiving transparency, borrowers are simply handed an invoice that they are forced to pay. Unarmed to properly price hedging products and their service providers, owners overpay for many over-the-counter products.
CT Snack, a distributor of Wise Potato chip products, Cape Cod Deep River and Trophy brands, recently leased warehouse space in Milford.
Connecticut officials have launched an investigation into allegations of market power abuse by two of the state’s largest energy providers.
Following the completion of a capital improvement program, three organizations have signed leases totaling 27,600 square feet at 40 Richards Ave. in Norwalk.
A frustrated Gov. Dannel P. Malloy on Monday released a fourth version of his state budget proposal, hoping it will motivate the General Assembly to finally come up with a tax-and-spending plan he can sign into law after a months-long impasse.
A private investor recently acquired a two-building, mixed-use portfolio in Hamden.
Speaking at a conference in Boston Friday, Eric Rosengren said he also expects current low inflation, the main factor that could hamper projected interest-rate hikes, to get much closer to the Fed’s 2 percent target next year.
While Democratic and Republican legislative leaders said they’re continuing to make progress toward a possible bipartisan budget deal, Gov. Dannel P. Malloy expressed dismay Thursday over the slow pace of the negotiations among the lawmakers.
President of Hartford-based Sentry Commercial Mark Duclos has been awarded the CRE credential by The Counselors of Real Estate, an international group of real estate practitioners who provide advisory services to clients on complex real property and land-related matters.
The former home of the Westport Aquarium has been sold for $895,000.
Pearce Real Estate recently completed two separate deals at 8 Independence Drive in Marlborough.
Democratic and Republican legislative leaders say they could soon have a draft state budget plan for Gov. Dannel P. Malloy to review.
Attorney General George Jepsen says Connecticut will join other states in suing the Trump administration over its move to kill an Obama-era clean power plan aimed at reducing global warming.
Acorn Technology Campus LLC recently sold 117 acres of land in West Haven for $8 million.
Monika Avery has spent 18 years tailoring commercial real estate interiors to the needs of clients in the life science, higher education, manufacturing and professional services sectors.
An electronic parts distributor recently inked a three-year lease in Old Saybrook for its corporate headquarters.
Commercial & Industrial Top Block
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