News:
Brokerage
Posted: March 27, 2026
Old Saybrook Senior Housing receives grant donation from Essex Bank
Old Saybrook, CT Continuing its yearlong celebration of 175 years of relationships, Essex Bank has donated $1,851 to Old Saybrook Senior Housing. The amount honors the bank’s founding in 1851 and reflects its ongoing commitment to the communities it serves.
This February gift builds on Essex Bank’s anniversary initiative, which includes monthly surprise donations to local nonprofits throughout the year in the categories of aging, affordable housing, youth, and culture.
“As we celebrate 175 years, we’re proud to continue investing in organizations that make a difference right here at home,” said Diane Arnold, president and CEO of Essex Bank. “Each donation is a reflection of the relationships that have sustained us for generations.”
Essex Bank will continue its 175th anniversary giving campaign with additional nonprofit donations in the months ahead.
Tags:
Brokerage
Connecticut
MORE FROM Brokerage
Goldberg of Spire Investments purchases Beverly portfolio for $9.2m
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
Quick Hits
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.