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Higher interest rates, economic uncertainty sink CT commercial realty sales volume

Higher interest rates, economic uncertainty sink CT commercial realty sales volume
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Quietly, former dentist Amit Lakhotia becomes one of New Britain's most prolific apartment developers

Amit Lakhotia jokes he doesn’t know how to drive a nail into a wall, but during the past year the former dentist from India has become one of the most active landlords and housing developers in New Britain.

At the helm of a string of project-based limited liability companies, Lakhotia has bought nine New Britain properties – a mix of lots, apartments and office buildings for market-rate apartment developments. ....

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