Tag Archives: Steven Calcagni

Calcangi Commerical Inks Nine-Year Master Lease with Sacred Heart University

sacred-heart-logo

 

 

November 7, 2014 | Cheshire, CT – Far from the industry norm, and certainly not yet trendy, the way Calcagni Commercial Real Estate is brokering deals and creating value for properties is nothing short of forward thinking and smart, as evidenced by its latest deal, a nine-year master lease with Fairfield’s Sacred Heart University. Calcagni represented both sides of the transaction, resulting in the University’s lease of Pioneer Gardens, a 44-unit, 176-bed apartment building located at 51 Eckart Street in Bridgeport, just 0.4 miles from campus.

“It began as a pipe dream,” says Steven Calcagni, president of Calcagni Commercial Real Estate. “But, we knew a deal like this would be such an incredibly valuable opportunity for both the property owners and the University. We started with some baby steps, leasing a quarter of the building to Sacred Heart for one year, and ultimately got to complete a
marathon.”

Having managed Pioneer Gardens since 2009, Calcagni Commercial vice president Ralph Lewis had a comprehensive familiarity with the property as well as the needs of the University. Recognizing the compatibility of Pioneer Gardens with Sacred Heart’s long-term goals, Lewis pursued and secured the lease through 2023.

“Pioneer Gardens provides Sacred Heart with an opportunity to house 176 of our upper class students in close proximity to the campus and in a living situation that is conducive to what today’s college-aged students are looking for,” says Larry Wielk, Sacred Heart University dean of students. “This new long-term relationship allows us to move forward knowing that we will be able to satisfy the needs and demands of our growing student population. We are looking forward to continuing what has already been an excellent partnership.”

The deal is a win-win for Sacred Heart and property owner ACORN I of Hamden, Connecticut, in that the University maintains control of the building from an operational standpoint, filling a student housing void, and the owner has a guaranteed income regardless of any vacancies that may from time to time occur.

Representing both sides of a deal like this one is a shift for commercial real estate. But, for Calcagni, it results in something the company continually strives to achieve: value that didn’t exist previously. Working for both the lessor and lessee renders Calcagni a completely neutral party, able to understand and marry the best interests of both parties. That’s something not often seen in the industry.

The brand new CALCAGNI.COM is here!…..

We’re very excited to finally announce the launch of our newly rebranded website!  We’re very proud of it, and hope you like it too. Check out our official press release, below:

Calcagni Home Page

FOR IMMEDIATE RELEASE

CALCAGNI REAL ESTATE UNVEILS NEW WEBSITE

Local independent real estate brokerage announces the launch of their rebranded website

CHESHIRE, CT – March 20, 2013 – After months of research, planning, photo shoots, programming and testing, Calcagni Real Estate, Central Connecticut’s leading independent real estate brokerage, has finally unveiled their new website—www.calcagni.com. The newly redesigned site includes a fresh new look featuring local, unique photography of hidden treasures of our community, improved property search functionality with a Google Maps interface, new agent profile pages, and much more.

The new Calcagni.com was unveiled on Wednesday, March 20, at a company-wide meeting held at their Cheshire office. The site was created over the past several months as a joint collaboration between Calcagni’s marketing department and ‘Think Creative Group’, a local, woman-owned branding and marketing firm.

The timing for the new rebranded site couldn’t be more perfect, “Our new website and overall brand now truly reflect who we really are—the local real estate company that can serve our clients better because we’ve been rooted in the community for decades, know the market inside and out, and we care enough to invest in our local businesses—which means that the money we spend stays in the local community in which we live and work,” said Steven Calcagni, president.

Calcagni Real Estate has spent over 40 years getting to know their towns, building relationships with families and local businesses, and becoming part of the fabric of their community. The firm is continually investing in innovative online tools for their clients as well as for their agents, blending “old school” service with “new school technology.” “The improved functionality of our new website will enable our realtors to better serve their clients and will also help them to make the most of the Spring 2013 market—when I believe the real estate market will turn around,” said Calcagni.

Over the next few months, Calcagni Real Estate is excited to also roll out TV commercials, digital advertising campaigns, social media contests and more to continue to entrench their brand in the minds—and hearts—of their clients and neighbors.

About Calcagni Real Estate:

Calcagni Real Estate has offices in Cheshire, Hamden, Southington and Wallingford, and is a fully diversified real estate company offering residential properties, new construction, land consulting, and commercial properties. All Calcagni offices provide a range of real estate services including market analysis, appraisals, residential foreclosures, property management, and relocation services. Learn more at www.calcagni.com. Follow Calcagni Real Estate at www.facebook.com/calcagnirealestate

Steven Calcagni named National Association of REALTORS® Federal Political Coordinator

We are very proud of our President Steven Calcagni’s newest role as the NAR (National Association of REALTORS®) Federal Political Coordinator. He will be serving as a liaison between NAR and U.S. Representative Elizabeth Esty.

In this vital role, Steven will also be responsible for responding to all NAR Calls for Action received, he will be one of NAR’s key REALTOR® communicators with Congress, and will also act as an advocate on behalf of all REALTORS® and the REALTOR® Party.

Steven was in Washington, D.C. the week of January 28 at the Policy & Advocacy Conference, where he had the pleasure of meeting 2013 NAR President Gary Thomas, among other NAR committee leaders.  

Steven and Gary Thomas

2013 NAR President Gary Thomas and Steven Calcagni

Calcagni Associates Real Estate Named a “Top Workplace” for Second Year in a Row

FOR IMMEDIATE RELEASE

CHESHIRE, CT – September 18, 2012Calcagni Associates, New Haven County’s leading independent real estate company, announced today that it was named as a Top Workplace in Connecticut for the second year in a row. Each year Workplace Dynamics, a Pennsylvania-based human resources company that consults with leading newspapers around the nation, seeks nominations for the best workplaces to identify exceptional employers and celebrate their best practices. Results are tabulated and the top finishers are listed on www.ctpost.com. The program is based on survey feedback from Calcagni agents and staff, and asks about the company’s values and corporate culture. Results are tabulated on key areas such the direction of the company, conditions of the workplace, career opportunities, management, and pay and benefits.

When employees were asked what they like most about their job at Calcagni Associates, agents and staff demonstrated appreciation for the meaningfulness of their work, the people they work with, as well as for their managers. Comments from Calcagni realtors and staff included: “Calcagni Associates gives me the flexibility to work and spend time with my family and I truly enjoy helping others find places to live. I also enjoy the personal interaction and support of the other employees and am proud to be associated with such a professional organization.” Additional comments included: “… I feel I have the ability to control my career and personal life within an environment that encourages teamwork and support.”

Being recognized as a ‘Top Workplace’ for a second year is an incredible honor; especially as the ranking result comes directly from those you work with every day,” said Steven Calcagni, President of Calcagni Associates. “At Calcagni, our Agents and Staff have a tremendous impact on the success and growth of our organization and we are extremely grateful for their dedication, integrity and commitment to service.”

About Calcagni                                                                                  

Calcagni Associates Real Estate is a fully diversified real estate agency offering residential properties, new construction, land consulting and commercial properties. Calcagni has four offices—Cheshire, Hamden, Wallingford and Southington. All offices provide a range of real estate services including market analysis, appraisals, residential foreclosures and relocation services. Learn more at Calcagni.com and Facebook.com/CalcagniAssociates

Steven Calcagni Attends RISMedia’s CEO Exchange In NYC

Panel discussion during RISMedia’s CEO Exchange, at the Yale Club in NYC.

Steven Calcagni, President of Calcagni Associates Real Estate,  recently attended a panel discussion during RISMedia’s CEO Exchange last Wednesday & Thursday, September 5th & 6th in New York City. This invite only event featured a select group of broker/owners, brand executives and real estate leaders and was titled “Making 2013 Your Break-Out Year – Taking Back the Real Estate Industry”.

Calcagni Associates Announces sale of Commercial Retail Project in East Hartford For $5.9 Million

SINGLE-TENANT PROPERTY LEASED TO RITE AID CORPORATION

          

Steven Calcagni, President of Calcagni Associates Real Estate, New Haven County’s leading independent real estate firm, is pleased to announce the recent sale of a large commercial retail property located in East Hartford, CT. The single-tenant property, leased to Rite Aid Corp., sold for $5.9 million.

The seller of the project, RA East Hartford, LLC, a Middletown, Connecticut- based company which specializes in real estate acquisition, development, construction and investments, is currently in the construction phase of the project. Steven Calcagni along with commercial broker Lisa Whitney represented the buyer, Acorn II, LLC. The buyer provides financing through construction and will take title upon tenancy by Rite Aid.

About Calcagni:

Calcagni Associates Real Estate is a fully diversified real estate agency offering residential properties, new construction, land consulting and commercial properties. Calcagni has four offices—Cheshire, Hamden, Wallingford and Southington. All offices provide a range of real estate services including market analysis, appraisals, residential foreclosures and relocation services. Learn more at Calcagni.com and Facebook.com/CalcagniAssociates

Calcagni Associates Real Estate is Expanding!

New Haven county’s leading independent real estate company is poised for big growth…

For 40 years, Calcagni Associates Real Estate has been helping families throughout Central Connecticut find their homes. Now they’re helping themselves find another new home in Southington, Connecticut. 

Despite a sluggish real estate economy, it’s been a big year for Calcagni. Since January, 20 agents have joined their team. They have continued to establish trust in the marketplace as evidenced by their industry-leading 24 percent market share within their core towns of Cheshire, Hamden and Wallingford, more than twice their nearest competitor and climbing. They were honored as a  Top Work Places 2011 and ranked Number 2 for small firms in all industries. And now they’ve announced their acquisition of all of the operations of North Star Real Estate of Southington.

“We’ve been disciplined and strategic. We’ve been monitoring the market, our colleagues, the forecast and are confident that it is time,” said Steven Calcagni, president. “This is the first of many strategic opportunities we are exploring as part of our blueprint for growth over the next year. Our plan is to bring on more full-time agents and double in size.”

North Star’s Southington office fit the profile for Calcagni’s strategic growth plan: its market size, the stagnant competition, its proximity to Calcagni’s core towns of service and the new construction opportunities. 

The new office will be a fully-equipped functional business center with wireless internet, professional printer, conference room with plasma television and full-time expert support staff to make working on the go convenient for agents and their clients. Calcagni has also invested heavily in technology to develop proprietary software to help enhance client relationships—but not replace them.

Calcagni is planning to grow the Southington office, located at 722 West Street on the Bristol town line and minutes from ESPN headquarters, to approximately 20 full-time agents, the first of whom is Linda Tosta, former owner of North Star Real Estate. “Linda will be a great addition to our team. We see tremendous growth potential in the new construction arena in a variety of markets throughout Connecticut and Linda’s experience will be a valuable asset for us,” said Calcagni.

“I am thrilled to be joining a forward-thinking and enthusiastic organization. The recognition of best workplace of the year speaks volumes. I know that our past, present and future clients in Southington and adjacent markets will benefit from the combination of these two solid businesses,” said Tosta.

Calcagni has also built a strong reputation within the new construction sector. Currently representing 15 new home communities, they were pleased to recently announce 100% sales for the Stonegate Community, Sterling Ridge and Spring Meadow. “Our growth is going to be more dramatic because of our specialty in new construction. Banks are cooperating financially to reposition the prices of residential new construction projects that will allow them to sell,” said Calcagni.

Calcagni has a unique philosophy about real estate. Their firm is capturing market share by providing a higher level of service and support to its agents. As a result, agents are joining their team from other brokers and entirely different industries based on their reputation for helping them become more productive, and in turn, successful.

Our growth as a Connecticut-based independent real estate company and the value we deliver to our clients is a direct result of the values, vision and energy of our people. We felt it was important to continue to establish roots in the community and continue to add to the area’s economic recovery. I’m excited for what’s next.” Steve Calcagni.

About Calcagni: Calcagni Associates Real Estate is a fully diversified real estate agency offering residential properties, new construction, land consulting and commercial properties. Calcagni has four offices—Cheshire, Hamden, Wallingford and Southington. All offices provide a range of real estate services including market analysis, appraisals, residential foreclosures and relocation services. Learn more at Calcagni.com and Facebook.com/CalcagniAssociates.