2019 Annual Review: Ted Hoyt of Hodson Realty

December 27, 2019 - Spotlights
Ted Hoyt
Hodson Realty, Inc.

What was your greatest professional accomplishment in 2019?
Successfully concluding the sale of a 44-unit development site after 8 years representing the owner.

What was your most notable project, deal or transaction in 2019?
We sold a 2.6 acre residential development site on Main St. in Stratford, CT. The property is located in a transit-oriented district and sold for $1.15 million and will be developed to include an apartment complex.

What are your predictions for commercial real estate in 2020?
I am hopeful that 2020 will be a busy year because I expect interest rates to be at low levels during an election year.

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