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News
Danbury hotel-to-apartment conversion receives $22.7M refinancing
4+ day, 7+ hour ago (141+ words) The $22.7 million loan will refinance debt and fund remaining work on the 200-unit conversion of a former Crowne Plaza hotel. A 200-unit apartment development in a former Danbury hotel has received $22.7 million in bridge financing to refinance existing debt and…...
Former Hartford HealthCare manager builds 300-plus unit CT real estate portfolio
1+ week, 3+ day ago (981+ words) Alex Ilchenko left healthcare to build Blue Key Property Group, which now owns or has stakes in more than 300 Connecticut apartments. By his mid-30s, Alex Ilchenko said he was managing more than 150 Hartford HealthCare staff providing inpatient and outpatient dialysis and…...
Developer plans 160 CT apartments this winter, nearly 630 to follow
1+ week, 1+ day ago (1274+ words) Five years after debuting a deeply unconventional strategy to put up affordable apartment buildings across Connecticut, New York-based Vessel Technologies is looking to have tenants move into its Avon and Rocky Hill locations this winter and possibly open its long-delayed…...
Proposed Connecticut apartments at former animal sanctuary clear court hurdle
1+ week, 2+ day ago (516+ words) Luis Picoita, a staff member at Binn farm in Ridgefield, feeds sheep and an alpaca in 2010. The owner of the property is preparing to present a plan to the Planning & Zoning Commission to build a multifamily development on the site…...
$30 million project would bring 125 apartments, modern retail to CT suburb
1+ week, 5+ day ago (472+ words) The site of a deteriorating, outdated South Windsor shopping plaza could be transformed into 125 apartments with 60,000 square feet of modern retail space under a developer’s proposal. Farmington-based REESG Properties is proposing a full-scale makeover of the empty Sullivan Plaza on…...
109 New Apartment Homes Coming to New Haven
1+ week, 6+ day ago (157+ words) Apartment homes at Redwood New Haven will range from 908 to 1,620 square feet, with monthly rent starting at $1,949. Unlike traditional apartment complexes, apartment homes by Redwood feature open layouts, attached two-car garages and private entrances with individual street addresses. Every apartment…...
CT development site hits market with 110-unit concept
2+ week, 5+ hour ago (154+ words) Roughly 13 acres of development land in Newtown has been listed for sale. The property spans two parcels at 134 and 136 Mount Pleasant Road along Route 6 — approximately 11.73 acres at 136 with an additional 1.40-acre parcel at 134, totaling roughly 13.1 acres, according to the listing....
Condyne Capital Receives Approval for Office-to-Residential Conversion Project in Windsor, Connecticut
2+ week, 6+ hour ago (201+ words) WINDSOR, CONN. — Metro Boston-based developer Condyne Capital Partners has received approval for an office-to-residential conversion project in Windsor, located north of Hartford. Designed by Maugel Destefano Architects, the project will transform the 99,480-square-foot building at 500 Day Hill Road, which formerly…...
Major accounting firm moves 200 employees to new downtown Hartford office
2+ week, 6+ day ago (249+ words) Professional services firm CohnReznick has relocated its approximately 200 Hartford employees to One Financial Plaza, also known as the Gold Building. The firm moved Aug. 19 from the Metro Center, at 350 Church St., which has faced foreclosure. CohnReznick now occupies the entire…...
Historic Bridgeport City Trust building portfolio fetches $21.5M
2+ week, 6+ day ago (238+ words) BRIDGEPORT – The downtown real estate portfolio known as City Trust Collection with the historic 955 Main St. City Trust bank building as its centerpiece was sold Aug. 10 for $21.5 million, according to city property records. The City Trust Collection includes City Trust…...