Connecticut
Ripco Expands into CT with New Office
Ripco Real Estate has expanded into Connecticut, signing a lease at 2 Greenwich Office Park in Greenwich, CT. Led by… Read more
Connecticut Buyer Nabs 86-Key Holiday Inn Express
BPM & Co. Inc. added the Holiday Inn Express & Suites Los Alamos Entrada Park to its expanding portfolio. The… Read more
WNC Closes $210M for Development, Renovation of 1,900 Affordable Housing Units
Irvine, CA-based WNC closed two institutional low-income housing tax credit (LIHTC) funds, WNC Institutional Tax Credit Fund 47, L.P. and… Read more
Northeast Private Client Group Brokers $14M Sale of Connecticut MF Community
Investment sales broker Northeast Private Client Group arranged the $14.1-million sale of Sherwood and Shakespeare Apartments in Stratford, CT. The… Read more
State-Owned 15-Story Office Tower in Hartford to Trade Hands
Cromwell-based commercial real estate investor William Coons III, and his company Spartan Towers LLC, have signed a purchase-contract with the… Read more
Rockport Secures $27M Financing for Connecticut Affordable Housing Community
Massachusetts-based multifamily finance firm Rockport Mortgage secured a $26.6-million rehabilitation loan for Yale Acres, a 162-unit affordable housing community in… Read more
Avison Young Hires Industry Vet Collins as New England Managing Director
Commercial real estate services firm Avison Young hired Thomas Collins as a Principal and Managing Director of the firm’s New… Read more
CBRE Follows One Greenwich Retail Sale with Another
A week after arranging the sale of one retail property along Greenwich Avenue in Greenwich, CT, CBRE has finalized another.… Read more
JLL Arranges $1.8B Recapitalization of New England Senior Living Portfolio
JLL arranged a $1.8-billion recapitalization for the Benchmark Senior Living portfolio, a 4,137-unit portfolio consisting of 48 assisted-living properties in… Read more
CushWake to Lease Westport Complex
Cushman & Wakefield has been retained to lease National Hall on the Westport, CT waterfront after arranging the sale of… Read more
L Catterton, QIC GRE Partner on South Bay Galleria Redev
Greenwich, CT-based L Catterton Real Estate (LCRE) and Australian investor QIC Global Real Estate formed a strategic partnership to jointly… Read more
MRI Software Expands Platform Through Acquisitions
Proptech pioneer MRI Software, headquartered in Solon, OH, has expanded its platform with two acquisitions. MRI acquired Leverton, an AI-powered… Read more
Connecticut Ice Cream Parlor Comes to Upper East Side
Dubl Twister, a family-owned ice cream and coffee shop based in Connecticut, is opening its first New York City location… Read more
Connecticut MF Community Trades for $15M
Chozick Realty brokered the $15.6-million sale of Stonegate Apartments, a 179-unit multifamily community in Middletown. Located at 1150 S. Main… Read more
Net-Leased CVS Changes Hands on “Rodeo Drive of the East”
CBRE arranged the sale of a 10,695-square-foot CVS at 99 Greenwich Ave. in Greenwich, CT. The team of Jeffrey Dunne, David… Read more
Marijuana Cultivators in O-Zones? Yes. Liquor Stores? No
A specific list of businesses do not qualify under the Opportunity Zones program. Known as “sin businesses,” these include gambling… Read more
MPT Completes Sale-Leaseback on KC-Area Hospitals
As part of a $1.75-billion wave of acquisitions, Medical Properties Trust has acquired seven Kansas City-area community hospitals from St.… Read more
Knighthead Provides $37M Construction Loan for Cambridge Hotel Conversion
Greenwich, CT-based lender Knighthead Funding has provided a $37.7 million construction loan for the conversion of a four-story multifamily building… Read more
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more