Connecticut

JLL sells 209-unit Vela on the Park

Stamford, CT JLL Capital Markets closed the sale of Vela on the Park, a 209-unit, high-rise apartment community. JLL represented the seller, a partnership between an affiliate of Trinity Financial, Inc. and Berkshire Residential Investments.

Worth Avenue Capital arranges $500,000 construction loan

Greenwich, CT Worth Avenue Capital, LLC closed a $500,000 construction loan to an existing borrower for the purpose of completing the renovations of a “spec” house in Greenwich, Connecticut.

Wright and Edwards of Northeast Private Client Group handle $1.65 million multifamily sale

Fairfield, CT According to Northeast Private Client Group (NEPCG), the metro north investment sales team completed the sale of 100 Castle Ave. Senior associates Jeff Wright and Rich Edwards represented the seller and procured the buyer

Red Oak Financial arranges $10 million bridge loan for South Campus at Gillette Ridge - a class A multi-tenant office/industrial campus

Bloomfield, CT Red Oak Financial, a Michigan-based commercial real estate finance company, completed a $10 million bridge loan for The South Campus at Gillette Ridge, a class A multi-tenant office/industrial campus in a suburb

Furgueson of Essex Financial honored by Forbes

Essex, CT Financial advisor Tim Furgueson of Essex Financial has been selected to the 2022 Forbes Best-in-State Wealth Advisors list, which honors top performing wealth management and financial planning advisors in each state.

Conn. CCIM chapter to host Mid-Year Symposium May 16

Cromwell, CT The CCIM Connecticut chapter will host their annual Mid-Year Symposium May 16th, at the TPC River Highlands. The event titled: “Connecticut: The State of the State” will focus on the commercial real estate outlook in Connecticut

Over 50 attend Conn. CCIM chapter’s self-storage breakfast panel on April 5

Waterbury, CT The Connecticut CCIM chapter held a self-storage breakfast panel and industry networking event on April 5 at the Country Club of Waterbury. The panel was comprised of leading self-storage experts including Connie Neville,

Atlantic Works at 75 Charter Oak Ave. to be listed for sale - Campus currently serves as office and program space for 25 organizations

Hartford, CT The Corporation for Independent Living (CIL), a nonprofit real estate developer, has announced its intention to sell its property at 75 Charter Oak Avenue in Hartford, Connecticut, known locally as Atlantic Works. Atlantic Works is currently

The V20 Group names RM Friedland to market new warehouse 419 A West Avenue

Stamford, CT RM Friedland has been retained by real estate developer The V20 Group to market for lease 419 A West Ave., which is being completely demolished and transformed from an office/flex building into a 75,000 s/f, high-ceiling warehouse designed for companies serving last-mile delivery customers

Lyman Real Estate sells 96,000 s/f in Norwich Business Park for $6.8 million

Norwich, CT Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development, brokered the sale of the 96,000 s/f building at 5 Wisconsin Ave., in the Norwich Business Park, for $6.8 million.