Rocky Hill
REAL ESTATE
Vessel Technologies Wins Affordable Housing Approvals in Avon and Glastonbury, Connecticut
Vessel Technologies, an affordable housing developer, has achieved significant victories in two Connecticut towns. Avon planners unanimously approved the company’s plan for a high-tech, four-story affordable housing complex near Route 10, despite the state’s controversial 8-30g law. This decision means Avon could have 64 “attainably priced” apartments on the market by next summer.
Renovated multifamily homes in Hartford are ready for first-time buyers
Two multifamily homes on Madison Street in Hartford got a facelift. “It was vacant, and it is nice to see now that we have a building that is functioning that is bringing back the neighborhood,” Edison Silva of Hartford said. According to the Southside Institutions Neighborhood Alliance, or SINA,...
WinnCompanies acquires 84 units to launch $18.7m rehab renovation
WinnCompanies, a national owner, developer, and manager of high-impact apartment communities, has acquired 84 apartments grouped within 10 three-story, residential buildings in Clay Arsenal, the oldest neighborhood in Connecticut. The acquisition of the Bedford Gardens Apartment complex marks the start of an $18.7 million effort by WinnDevelopment to renovate the...
Hines of Horvath & Tremblay sells 110-unit multifamily for $5.36m
Hartford, CT Tim Hines of Horvath & Tremblay has arranged the sale of a 110-unit multifamily portfolio. Hines exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $5.36 million. The multifamily portfolio is comprised of seven properties situated in western Hartford at...
Former Bank of America in Manchester slated for mixed use up for auction
MANCHESTER — A former bank property that local officials have approved to be converted into a mixture of commercial and residential property is up for auction. The former Bank of America property on North Main Street has already received approval from the town to be converted into a three-story mixed-use building, complete with five ground-floor retail units and 33 apartments on the two floors above.
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