Connecticut

Belfonti Companies breaks ground on a $50 million apartment community - Bozzuto Management hired to lease asset

Cromwell, CT Belfonti Companies has broken ground on a $50 million dollar market-rate, luxury apartment home community.  The new community will be built just off Country Squire Rd. near Rte. 372

Hammer, Neiss and Kaufman of Meridian Capital Group arrange $12.75 million in acquisition financing

Norwalk, CT Meridian Capital Group has arranged $12.75 million in acquisition financing for a multifamily property. The 36-month loan, provided by a balance sheet lender, features a rate of 3.13%, a five-year extension option

Houlihan Lawrence First Quarter Commercial Market Report on the Fairfield County market

Greenwich, CT The Fairfield County office market continued to have more office space available than absorbed in Q1 2020 while the Greenwich market improved. However, the picture is rapidly changing, especially

Godin Property Brokers reps. all parties in $1.95 million sale

Torrington, CT Ed Godin Jr. SIOR of Godin Property Brokers represented all parties in the $1.95 million sale of a 55,700 s/f industrial facility on 8.3 acres at 349 Ella Grasso Dr.

Forest Park Properties completes $2.65m sale

New Milford, CT Forest Park Properties has closed the sale of  223 Kent Rd. for  $2.65 million. The seller of the property was 223 Kent Road LLC, and the buyer was Summit Stor-All LLC.

Lyman Real Estate reps. Norwich Realty, Inc. in 11,060 s/f lease

Willimantic, CT Community Health Resources (CHR) has leased an 11,060 s/f building at Tyler Square, 1310 Main St. Ron Lyman, CCIM, CEO of Lyman Real Estate, represented lessor Norwich Realty, Inc., of Westbrook.

CRE Collaborative launches an initiative to help commercial real estate associations

Trumbull, CT CRE Collaborative is launching an initiative to help commercial real estate associations empower members to evolve their CRE technology capabilities, to close transactions and thrive during these difficult times.

Strickling and Dube of Sky Realty Group of Broder Commercial broker $6.4 million sale

West Hartford, CT Sandy Strickling and Anne-Marie Dube of Sky Realty Group of Broder Commercial brokers the sale of Clarendon Apartments, 39 apartment units, located n ¾ of a mile to West Hartford Center and Blue Back Sq.

Marcus & Millichap Capital Corp. handles $10.2 million construction loan

Shelton, CT Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged a $10.2 million construction loan to build a mixed-use project

ABS Altman Warwick arranges $15.25m for Paramount Realty for 309,800 s/f retail center anchored by a 190,800 s/f Walmart Store

Hartford, CT ABS Altman Warwick, a NYC-based capital market advisory firm and division of ABS Partners Real Estate, has closed a $15.25 million permanent loan secured by the 309,800 s/f Walmart-anchored shopping center.