Connecticut
Worth Avenue Capital arranges $400,000
Greenwich, CT Worth Avenue Capital, LLC closed a $400,000 commercial loan for a Conn.-based real estate investor. The loan proceeds were used for working capital purposes and the loan is secured by a first mortgage on a commercial condominium unit with an underlying LTV of 33%.
O,R,&L Commercial brokers $1.77m sale of 18,000 s/f office/flex building
Berlin, CT Luke Massirio and Jay Morris of O,R&L Commercial, LLC brokered the sale of 124 White Oak Dr. for a sale price of $1.77 million. The 18,000 s/f office/?ex building is situated on 3.05 acres on the Berlin Turnpike.
O’Connell and Riffice of Choyce Peterson lease at 2009 Summer St.
Stamford, CT According to Choyce Peterson, Inc. two new companies will be relocating to 2009 Summer St. The two office suites leased for a total of 2,000 s/f. The Choyce Peterson agency team,
Vidal/Wettenstein sells 2,500 s/f auto mechanic shop for $450,000
Norwalk, CT 131-135 New Canaan Ave., a 2,500 s/f auto mechanic shop, has been sold. The site consists of an automotive repair shop and an adjoining parcel. The property sold for $450,000. The seller was Pepper Partners and the purchaser was 131 New Canaan LLC. The plans for the property were not disclosed, although there is an automotive tenant in the building.
Angel Commercial sells three properties Van Zant St. portfolio for $1.8 million
East Norwalk, CT Angel Commercial, LLC negotiated the sale of the Van Zant St. portfolio for $1.8 million. Jon Angel, president of Angel Commercial, represented the sellers, owner-operators of the former Casale’s Autobody business. Charles Schemera, the buyer, was represented by DVB Commercial Realty LLC.
Lasky joins Union Savings Bank as a VP, business banking officer
Monroe, CT Union Savings Bank (USB) has welcomed Richard Lasky to the bank as a vice president, business banking officer. He will work out of the Monroe, Ridgefield and Norwalk offices. In his new role, Lasky will be responsible for working with existing business customers
CT CCIM Chapter Mid-Year Symposium: AI Impact on Commercial Real Estate Analytics
Cromwell, CT The CCIM Connecticut Chapter will host its annual Mid-Year Symposium on June 5, 2025 at the TPC River Highlands. The event, “AI and Its Impact on Commercial Real Estate Analytics” brings together industry experts to share valuable perspectives on how AI is reshaping decision-making, workflows, and risk management in the CRE space.
