Worth Avenue Capital provides $1.05 million debt financing for 20,000 s/f industrial project

North Haven, CT Worth Avenue Capital, LLC closed a $1.05 million construction loan to a real estate developer/contractor. The loan proceeds will be used as additional construction financing for a development project on an asset that is located in an industrial park.

F.D. Rich Co. sells 102 key Residence Inn by Marriott Norwalk

Stamford, CT F.D. Rich Company sold the Residence Inn by Marriott Norwalk. The 8-story Residence Inn by Marriott Norwalk opened in June 2019 and features 102 extended-stay suites, each with a full kitchen, and onsite self and valet parking.

Russell of Pearce sells 4,806 s/f to Broken Umbrella Theatre

New Haven, CT Barbara Pearce, chair and CEO of Pearce Real Estate said that senior commercial broker, Carl Russell, sold a sought-after building at 280 Blake St.

Viking Const. named Best of Show and wins 13th Excellence in Const. Award

Bridgeport, CT For the first time in its history, Viking Construction has been named Best of Show from the Associated Builders and Contractors of Connecticut.

Maxhari of UBS Realty Advisors receives CCIM designation

Chicago, IL The Connecticut CCIM Chapter congratulates Edirald Maxhari of UBS Realty Advisors on earning the Certified Commercial Investment Member (CCIM) designation from CCIM Institute.

SIOR hosts “Greening of Commercial Real Estate” breakfast panel

Wallingford, CT The Connecticut/ Western Massachusetts chapter of SIOR hosted a “Greening of Commercial Real Estate” breakfast panel at The Farms Country Club.  Approximately 65 real estate professionals were in attendance.

Cullen and Pinto of Chozick Realty sell Suffield West Apartments for $13 million

Suffield, CT Tess Cullen and Jordan Pinto of Chozick Realty Inc. have facilitated the sale of Suffield West Apartments. This 84-unit apartment community brought a sales price of $13 million or $154,762/unit. Suffield West was built in 1968 and was under the same family ownership since construction prior to this sale.

Northeast Private Client Group negotiates $4.85 million sale of 19 Elm St. in New Haven, CT

New Haven, CT Northeast Private Client Group (NEPCG) brokered the $4.85 million sale of 19 Elm St. The development site is a fully approved and shovel-ready 96-unit multifamily site located in the downtown area. Approved amenities include a rooftop terrace, a full gym, community club rooms, elevators,

Vesta Corp. partners with Esusu to empower residents to increase credit scores

Hartford, CT Vesta Corp. (Vesta) has expanded its efforts to empower residents across affordable housing communities and improve their financial well-being.

CCIM Connecticut welcomes three new annual chapter sponsors

Guilford, CT The CCIM Connecticut Chapter welcomes three new annual chapter sponsors. They are: