Category: Connecticut

Avison Young brokers sale of 621,830 s/f One Financial Plaza building for $70.5m

Avison Young brokers sale of 621,830 s/f One Financial Plaza building for $70.5m

June 21, 2019
Hartford, CT Avison Young has negotiated the sale of a 621,830 s/f class A office building at One Financial Plaza. Andrew Filler, a principal in Avison Young’s local office, Michael Smith, managing director
Geenty Group and Coldwell Banker complete $1.06m sale of the Hawley Lincoln Funeral Home

Geenty Group and Coldwell Banker complete $1.06m sale of the Hawley Lincoln Funeral Home

June 21, 2019
Guilford, CT Kristin Geenty, president of The Geenty Group, Realtors, has completed the sale of the Hawley Lincoln Funeral Home building. This building is located at the corner of Whitney Ave. and Willow St.
Worth Avenue Capital closes $1 million CRE loan

Worth Avenue Capital closes $1 million CRE loan

June 21, 2019
North Haven, CT Worth Avenue Capital, LLC (WAC) has closed a $1 million CRE loan to a real estate development group. The loan proceeds were used to purchase a CRE asset in a prime location in the city.
Project of the Month: Claris Construction completes a 12,000 s/f development off Exit 10 of I-84 in Newtown, CT

Project of the Month: Claris Construction completes a 12,000 s/f development off Exit 10 of I-84 in ...

June 21, 2019
Newtown, CT A four-acre lot off I-84 sat vacant for almost a half a century. This overgrown, unsightly lot became an unwelcome sight for people arriving in town. But it did provide an excellent development opportunity
Antinozzi Associates hires Guzman and Rosenthal

Antinozzi Associates hires Guzman and Rosenthal

June 21, 2019
Bridgeport, CT Antinozzi Associates has welcomed two new additions to the team, Rosa Guzman and Ryan Rosenthal. Guzman previously worked for MKDA in Stamford where she honed her skills in building 3D models and developing photo-realistic renderings
Lyman of Lyman Real Estate handles $400,000 sale and 4,900 s/f lease

Lyman of Lyman Real Estate handles $400,000 sale and 4,900 s/f lease

June 21, 2019
Norwich, CT Ron Lyman, CCIM, CEO of Lyman Real Estate, completed the sale of the building most recently known as The Majestic Rose Dinner Theater at 352 Main St. It was purchased by Ganesh Hospitality, LLC, a New Haven hotel developer, for $400,000
IPA sells three apartment buildings near Yale University for $25.15m

IPA sells three apartment buildings near Yale University for $25.15m

June 21, 2019
New Haven, CT Institutional Property Advisors (IPA) completed the sale of Cambridge Oxford Apartments, a three-building, 84-unit multifamily property. The buyer is an affiliate of Paredim Partners LLC.
Westbrook Village Revitalization Project breaks ground on Phase 1

Westbrook Village Revitalization Project breaks ground on Phase 1

June 21, 2019
Hartford, MA The Housing Authority of the city of Hartford (HACH), Pennrose, LLC, and The Cloud Company, LLC hosted a joint demolition and groundbreaking ceremony to kick off Phase I of its Westbrook Village Revitalization Project.
Mayor Spano joins Municipal Housing Authority of the City of Yonkers to tour renovations to affordable housing

Mayor Spano joins Municipal Housing Authority of the City of Yonkers to tour renovations to affordab...

June 21, 2019
Yonkers, NY Mayor Mike Spano joined with officials from the Municipal Housing Authority of the City of Yonkers (MHACY) for a tour of two affordable housing complexes that have undergone major renovations.
Can suburbs succeed in a 24/7 world? - by Hugh Kelly

Can suburbs succeed in a 24/7 world? - by Hugh Kelly

June 21, 2019
For more than 20 years, the revitalization of America’s cities has spurred a conversation about the urban live-work-play environment that has come to be known as “the 24-hour city.” As long ago as 1995, the widely-read Emerging Trends in Real Estate proclaimed that such
CAC Realty Group and city officials celebrate groundbreaking at The Huguenot - a six-story, 60-unit mixed-use development

CAC Realty Group and city officials celebrate groundbreaking at The Huguenot - a six-story, 60-unit ...

June 21, 2019
New Rochelle, NY CAC Realty Group joined with mayor Noam Bramson, commissioner of development Luiz Aragon, and other city officials for a groundbreaking ceremony at The Huguenot, a six-story, 60-unit mixed-use development project
New Rochelle’s downtown is on track for a successful revitalization - by Luiz Aragon

New Rochelle’s downtown is on track for a successful revitalization - by Luiz Aragon

June 21, 2019
Investors and developers across the country are tuning in to opportunities offered by small and mid-sized cities that are modernizing their planning strategies to attract the kind of capital that will revitalize their downtowns for the long term.
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