Connecticut Firm Shifts Focus Back to Real Estate After Selling Data Center Division

October 17, 2025 - 00:33

A Connecticut-based investment manager is strategically pivoting back to its real estate roots following the recent sale of its data center business. With an ambitious goal of developing $1 billion in new projects, the firm is set to re-enter the multifamily housing sector, signaling a renewed commitment to traditional real estate investments.

The decision comes after a period of diversifying into digital infrastructure, which has proven to be a lucrative but ultimately secondary focus for the firm. By returning to multifamily investing, the company aims to capitalize on the growing demand for residential properties in urban areas, particularly as housing markets continue to evolve in response to shifting demographic trends.

This strategic move not only reflects the firm’s confidence in the resilience of the real estate market but also positions it to leverage its extensive experience in property development. As the firm embarks on this new chapter, industry observers are keenly watching how its return to multifamily investments will unfold in the coming years.