Connecticut
Why is Your Flight Delayed? (Hint: It’s Not What You Think)
You’re sitting in an airport, at your gate, waiting to board your airplane. A moment later, a friendly voice pops… Read more
Calare Unloads 200K-SF Industrial Warehouse
Calare Properties, based in Hudson, MA, sold 40 Pepe’s Farm Road in Millford, CT to an undisclosed institutional buyer for… Read more
CMBS Disposition Volume Hits $957M in February
CMBS disposition volume, which hit a record $1.4 billion in January 2017, remained elevated in February 2017, according to information… Read more
$28M Refi Nabbed for Mixed Use
The undisclosed owner of Park Square West Apartments in Stamford, CT, obtained financing to the tune of $28 million to… Read more
Leases Totaling 150K SF Signed in Westchester, Fairfield Counties
Companies signed 10 leases totaling nearly 150,000 square feet of Class A office space at properties owned by Empire State… Read more
Stamford Apartments Sell Before Stabilization
A joint venture paid $67.5 million for a new luxury apartment building at 66 Summer St. in downtown Stamford, CT.… Read more
Fund Snags 404-Unit Seniors Housing Portfolio
The NHP Foundation-Urban Atlantic Fund I LLC acquired four seniors apartment complexes in Connecticut from Beacon Communities LLC. The 404-unit… Read more
192-Unit Property Changes Hands in Value-Add Play
Par Hillcroft LLC struck a deal with Timberline Real Estate Ventures LLC to sell the 192-unit Hillcroft at Danbury, located… Read more
1M-SF Town Square Las Vegas Has New Owner
TH Real Estate, on behalf of its T-C US Super Regional Mall Fund LLC, acquired an 85% interest in the… Read more
$40M Loan Spurs Hartford Buy
Shelbourne Global Solutions took out a $40 million bridge loan to buy the Metro Center, at 350 Church St. in… Read more
Few Vacant Offices, Slow Rent Growth in Hartford
The percentage of office space vacant in Hartford, CT is below the national average. But rents are also growing more… Read more
Apartment Rents Rise in New Haven
Rents are rising in New Haven, CT and Fairfield County. But, even with thousands of new apartments opening, rent has… Read more
Land Sale to Support Multifamily Build in Orlando
Old Republic National Title Insurance Co. sold a 19.6-acre parcel in Orlando, FL, to the Richmond Group for $5.7 million.… Read more
Starwood Buying Milestone Apartment REIT for $2.85B
Starwood Capital Group agreed to buy Milestone Apartments Real Estate Investment Trust for a cash-for-stock transaction valued at approximately $2.85… Read more
$8M for Auburn, NY Industrial
Tessy Plastics paid $8 million to buy a 30-acre industrial facility in Auburn, NY, in central New York State. Built… Read more
100K-SF Hamden Center II Sells in 1031 Exchange
Hamden Realty Associates ended its two-decade hold on the 100,000-square-foot, mixed-use Hamden Center II in Hamden, CT by selling it… Read more
GE Selling Business Units for Profit
General Electric Co. is looking to offload two of its smallest business units to raise $4 billion in capital, as… Read more
Starwood Capital, Foremost JV Selects Del Webb for MPC’s First Phase
Atlanta-based Del Webb was selected to build the first two neighborhoods within Terramor, a new 961-acre, 1,443 single-family home master-planned… Read more
Historic Uptown Oakland Asset Trades for $47M
Canadian-based Bentall Kennedy acquired the historic, 14-story Latham Square Building in Oakland, CA for $47 million. The global real estate… Read more