Union Savings Bank to open full-service branch in Norwalk

Norwalk, CT Union Savings Bank (USB) CEO Cynthia Merkle said that a new full-service branch and Advice Center will be opening in late spring. Located at 454 Main Ave., the new office will be supported by USB’s Solutions Teams, a group of local specialists that offer customized

Carcaterra joins Building and Land Technology as executive vice president

Stamford, CT Building and Land Technology (BLT) appointed Brian Carcaterra as executive vice president. Prior to joining BLT, Carcaterra spent over two decades as a broker and senior leader at Newmark Group, Inc. and CBRE Group, Inc. specializing in agency and tenant representation. He also co-founded

Connecticut CCIM Chapter to hold designation course CI 102 on September 11 – 14 at Goodwin University

East Hartford, CT The Connecticut CCIM Chapter will hold a core designation course, CI 102 “Market Analysis for Commercial Investment Real Estate” on September 11 – 14, 2023 at Goodwin University taught by Stan Gniazdowski, CRE, CCIM and 2022 CCIM Institute Instructor of

Working from home in a former office: Office space to residential conversion - by Joshua Cole

While employees continue to embrace the benefits of remote work, commercial property owners face the challenge of continued vacancy rates. As leases expire and businesses reduce space to account for full or partial remote work, commercial property owners need to reassess their holdings.

Greyhill Group expands portfolio with $7.5 million acquisition of 63 unit multifamily property

New Britain, CT GreyHill Group, a rapidly growing, commercial real estate investment company headquartered in New York, has completed the acquisition of The Bleu, a 63-unit, multifamily property located at 1300 and 1412 East St. The transaction marks a significant addition to GreyHill's diverse portfolio. GreyHill Group acquired The Bleu at a purchase price of $7.5 million

Macerich achieves BREEAM Certification of 11 retail assets comprising of nearly 14 million s/f

Danbury, CT Macerich, a leading owner, operator and developer of top retail and mixed-use destinations across major U.S. markets, has achieved the successful certification of 11 retail assets under BREEAM’s In-Use certification standard. This achievement exemplifies Macerich’s commitment

Balletto of Northeast Private Client Group brokers $39.6 million multifamily Rhodium Portfolio sale

Bridgeport, CT Northeast Private Client Group (NEPCG) has negotiated the sale of Rhodium Portfolio. Senior vice president investments Brad Balletto represented the seller and procured the buyer for a multifamily investment property.

Press of Press/Cuozzo receives two awards

New Haven, CT The New Have Middlesex Association of Realtors held their annual commercial division award dinner. Stephen Press, SIOR, co-principal of Press/Cuozzo Realtors, was presented with two awards. The 2023 Deal of the Year

Furgueson, Nolan, and LaRiviere of Essex Financial named to Forbes Best-in-State Wealth Advisors

Essex, CT Tim Furgueson, Kevin Nolan, and Michael LaRiviere of Essex Financial have been selected to the 2023 Forbes Best-in-State Wealth Advisors list, which honors top performing wealth management and financial planning advisors in each state. This is the third consecutive year that Furgueson has been

Connecticut CCIM welcomes leading economists for June 1st symposium

Cromwell, CT On June 1st, the Connecticut CCIM Chapter welcomes CCIM Institute chief economist KC Conway, CCIM, CRE, MAI as the keynote speaker of its mid-year economic symposium taking place at TPC River Highlands.