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The Richman Group Closes Affordable Housing Tax Fund with $171.5 Million in Equity

The Richman Group Closes Affordable Housing Tax Fund with $171.5 Million in Equity

by Phil Hall | Nov 5, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Richman Group Affordable Housing Corporation, a Greenwich, Connecticut-based developer and syndicator of affordable housing, announced that it raised $171.5 million in equity for a multi-investor affordable housing tax credit fund. According to the company, the...
Final Offer Platform Expands to 3 More States

Final Offer Platform Expands to 3 More States

by Phil Hall | Oct 24, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

William Pitt – Julia B. Fee Sotheby’s International Realty has partnered with Final Offer to launch the real estate buying and selling platform in Connecticut, New York and Berkshire County, Massachusetts. Final Offer is a platform designed to empower licensed...
Connecticut Home Sales Drop in Q3 as Prices Rise

Connecticut Home Sales Drop in Q3 as Prices Rise

by Phil Hall | Oct 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Connecticut’s home sales were down in the third quarter while median sales prices were on the rise, according to new data from SmartMLS, the state’s multiple listing service for residential real estate. During the third quarter, Connecticut recorded 9,871 total sales,...
Phillips Edison & Company Acquires Connecticut Shopping Center

Phillips Edison & Company Acquires Connecticut Shopping Center

by Phil Hall | Oct 21, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Bethel Shopping Center, a 101,2050-square-foot retail plaza in Bethel, Connecticut, was sold to the real estate investment trust Phillips Edison & Company (NASDAQ: PECO). The property is 91% leased and anchored by Big Y Supermarket, Starbucks and Dollar Tree;...
Donald Trump’s One-Time Connecticut Home Sells for $31.5 Million

Donald Trump’s One-Time Connecticut Home Sells for $31.5 Million

by Phil Hall | Oct 14, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Former President Donald Trump’s one-time home in the affluent town of Greenwich, Connecticut, has been sold for $31.5 million. The Wall Street Journal reported the property was not listed for sale – it has been on and off the market since 2009, with asking prices...
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