Hartford Business Journal- Anytime an employer wants to open doors, expand, relocate or shrink operations, they typically turn to commercial realty brokers.
Real Estate
The Health of the Housing Market in 25 Big Cities
Wallet Hub – The purchase of a new home is one of the largest financial transactions most Americans make during their lifetime. And for that reason, the decision should be treated with careful consideration and thorough planning. For additional insight into home-ownership, we asked a panel of real-estate experts to weigh in on the subject and offer their advice.
More CT Users Value Owning Space Than Leasing
Hartford Business Journal – In March, entrepreneurs Patrick Sweeny and David Connelly pulled off a feat they had been desperate to do for some time: They bought an office building in Glastonbury to house their expanding wealth-management practice.
Research Scholar: Professor John Clapp
UConn Professor John Clapp, of West Hartford, Named Kinnard Distinguished Research Scholar
Hartford Courant – UConn Professor John Clapp, who has been recognized as one of the top real estate researchers in the world, has been named the first Kinnard Distinguished Research Scholar in the business school’s Center for Real Estate.
Darden’s Real Estate Play
Marketplace – Eaten at the Olive Garden lately? You probably thought more about the bread sticks than who owns the building — fair enough. However, Darden Restaurants, which owns the Olive Garden, Long Horn Steakhouse and some other chains, announced Tuesday that it’s going to spin off its real estate into something called a REIT — a real estate investment trust — and then lease the properties back.
Numbers Are In: High Hopes For 2014 Connecticut Home Sales Went Unfulfilled
Hartford Courant – A new report from Connecticut Realtors shows that the promise early in 2014 for a third year of gains in home sales fizzled by the end of the year. “They are being cautious and more conservative before they make a big purchase like a home,” said Jeffrey P. Cohen, associate professor of real estate and finance at the University of Connecticut’s Center for Real Estate in Storrs.
Builders See Promise in Homes for the Aging Set
ctpost.com – “The over-55 group needs to sell their current homes before they can think about buying into an over-55 community, so I see the market for existing homes as an indicator as to the future of over-55 home construction,” said Katherine Pancak, professor-in-residence of finance and real estate at the University of Connecticut School of Business.