Category: Connecticut

Connecticut Green Bank updates Smart-E loan program

Connecticut Green Bank updates Smart-E loan program

June 23, 2023
Hartford, CT The Connecticut Green Bank has made updates to its Smart-E loan program designed to help more homeowners take advantage of low-interest financing to access energy-saving technologies. The loan’s maximum amount will increase from a $40,000 limit to a $50,000 standard maximum,
Paulson and Wilson of Marcus & Millichap <br> arrange $8.25 million sale of 56,564 s/f office

Paulson and Wilson of Marcus & Millichap
arrange $8.25 million sale of 56,564 s/f office

June 23, 2023
Guilford, CT Marcus & Millichap brokered the sale of Innovation Park, a 56,564 s/f office property. According to Benjamin Yelm, regional manager of the firm’s Charleston office, the asset sold for $8.25 million.
Union Savings Bank to open full-service branch in Norwalk

Union Savings Bank to open full-service branch in Norwalk

June 23, 2023
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

Carcaterra joins Building and Land Technology as executive vice president

June 23, 2023
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

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

June 23, 2023
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

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

June 23, 2023
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

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

June 16, 2023
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

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

May 19, 2023
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

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

May 19, 2023
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

Press of Press/Cuozzo receives two awards

May 19, 2023
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

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

May 19, 2023
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

Connecticut CCIM welcomes leading economists for June 1st symposium

May 19, 2023
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.
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