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Shellbourne Global Solutions

Study warns of steep decline in downtown Hartford office values; urges $450M in state incentives

Downtown Hartford’s office buildings have lost hundreds of millions of dollars in value, and are likely to continue to do so.

🔒Major Hartford landlord Shelbourne warns higher property valuations could threaten its downtown holdings

Shelbourne Global Solutions, Hartford’s largest downtown landlord, is warning of ruinous impacts from the city’s recent revaluation. The...

Shelbourne joint venture commits $30M to Hartford hotel conversion

Shelbourne Global Solutions and a Waterbury-based partner have acquired downtown Hartford’s Red Lion hotel for $22 million,...

🔒Liberty Bank targets Hartford commercial market for next big growth opportunity

As the COVID-19 pandemic recedes, Connecticut’s largest mutual bank is pursuing a commercial loan incursion into Hartford and the surrounding region.
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Bond Commission to weigh $13.5M for Pratt St., Colt apts

In its first meeting since September, the state Bond Commission next week will vote on authorizing $13.5...

CRDA approves financing for $100M Pratt St. redevelopment

The developers pitching an ambitious $100 million mixed-use project to transform Hartford’s Pratt Street retail corridor into a vibrant 24/7 live, work and play neighborhood, have received backing for $12 million in loans from the quasi-public Capital Region Development Authority (CRDA).

Landlord trio eye $100M downtown hub via Pratt St.

Three of downtown Hartford’s most active landlords propose a $100 million residential-commercial development linking Trumbull and Main...
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