Northeast Property Group, Inc.  Appointed Receiver for 174 Unit Portfolio in CT

Northeast Property Group, Inc. has been appointed by the Superior Court of CT as Receiver of Rents for a significant residential property portfolio located in Bridgeport, CT on November 15, 2011.

The 174 Unit portfolio is located in nine separate properties located throughout the city. A receivership order is a mechanism for the court to protect the property in the event of a disagreement between lender and borrower in a foreclosure process or other types of litigation and typically involves income producing property.

Daniel G. Barber, Sr. Vice President the company is acting as asset manager for the project. Northeast Property Group is a full service Real Estate Services, Management and Brokerage  firm headquartered in New London, CT and has provided Receivership Services throughout Connecticut for over 15 years.

Daniel G. Barber, CCIM, SIOR

Sr. Vice President

Being prepared in the event of a disaster is the best way to minimize safety risks and property damage.

The below PDF provides a regional preparedness guide in the event of extreme weather for Southeastern CT. Towns that are included in the guide are City of Groton, Town of Groton, East Lyme, Ledyard, Montville, New London, Norwich, Old Lyme, Stonington, North Stonington and Waterford.

Northeast Property Group, Inc.  Appointed Receiver for 650,000SF

In an emergency court order filed and granted on Christmas Eve, Northeast Property Group, Inc. has been appointed by the Superior Court of CT as Receiver for the property known as the Connecticut Business Center located at 321 & 322 Ellis Street in New Britain, CT. The 650,000 SF mixed use complex is located on a 40 acre site immediately off of Route 9 in Central CT.

Choosing a property manager in Connecticut is a big step and property owners are looking for guidance in how to navigate through the process. Northeast Property Group’s experience with property management in CT will ensure the process is easy and seamless.

Visit our Connecticut property management home page and give us a call at 860-437-7005 to arrange a meeting to review your property’s individual needs and how you can benefit from our management services.

For over 20 years Northeast Property Group has been creating property management solutions for a broad range of commercial, condominium, apartment and industrial clients in CT.

If you own commercial or residential property and seeking new management, take a close look at the services that Northeast Property Group can offer.

Here are some basic resources for condominiums in Connecticut.

Breaking news for the city of New London: EB to purchase Pfizer’s New London campus. This is a great prospect for business and residents in New London, from the creation of 750 engineering jobs to having warm bodies in a site that was to be vacated by Pfizer by 2011.

More info can be found online at: http://theday.com/article/20100621/BIZ02/100629982/1017

Condos all have a dynamic range of personalities. Dealing with disgruntled residents is just one of the many challenges of property management.

New London county property management and brokerage. You’d think that DMOZ would make it a little easier to update descriptions.

Seeking a good deal on an apartment for rent in New London, Connecticut? The historic Crocker House operates at near 100% occupancy, which speaks to the success of the building, the renovations and the community. To view an opening, call us today 860-437-7005 or the Crocker House directly: 860.444.6464

Here is a quick summary:
One bedroom and studio apartments from $650
Controlled access security
Laundry facilities on every floor
24 hour emergency maintenance
Ramp garage parking available
Walk to the river, restaurants, train and ferries
35 Union Street, New London