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Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme

Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme

by Phil Hall | Oct 8, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A Connecticut real estate agent was sentenced in federal court in Boston for defrauding his clients through a scheme involving the short sales of government and bank-owned properties to straw buyers. Sheldon Haag was sentenced to one year and one day in prison and two...
Hits and Misses for the Real Estate Week of Sept. 30-Oct. 4

Hits and Misses for the Real Estate Week of Sept. 30-Oct. 4

by Phil Hall | Oct 4, 2024 | Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing on the debate stage, FEMA in a financial hole and a rapper’s heavily discounted home sale. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 30 to Oct. 4. Hit: Talking About Housing. Congratulations to CBS News...
Four-Property Commercial Portfolio in Connecticut Sells for $26.5 Million

Four-Property Commercial Portfolio in Connecticut Sells for $26.5 Million

by Phil Hall | Sep 9, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A portfolio of four commercial properties in Connecticut were sold for $26.5 million. The properties, which are part of the Guilford Commons plaza located in the town of Guilford, include a 63,100-square-foot strip mall that sold for $13 million, a 48,700-square-foot...
Planned Soccer Stadium for Connecticut Delayed Until at Least 2026

Planned Soccer Stadium for Connecticut Delayed Until at Least 2026

by Phil Hall | Sep 3, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Plans to open a soccer stadium in Connecticut’s most populous city has been delayed for at least a year as funding for the project continues to be sought. The CT Mirror reported the soccer stadium project in Bridgeport is being spearheaded by tech millionaire André...
Connecticut Mayor Sparks Online Anger by Celebrating ‘Ghetto’ Mural by Banksy

Connecticut Mayor Sparks Online Anger by Celebrating ‘Ghetto’ Mural by Banksy

by Phil Hall | Aug 22, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The mayor of Connecticut’s most populous city stirred up online outrage for celebrating a Banksy mural that many people viewed as a slur against a low-income, predominantly nonwhite neighborhood. Bridgeport Mayor Joe Ganim took to Facebook to highlight the presence of...
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