Episode Details

Vanguard Private Client Group just poured $1.39 million into a neglected Waterbury apartment building at 174 Willow Street — a gritty spot with graffiti, empty units, and a crime-ridden reputation. But the firm sees potential, leveraging its own construction and management teams to overhaul the 1910 building with new roofs, granite countertops, security upgrades, and more — all funded by a $2.65 million loan. City officials are stepping up too, boosting police, health services, and planning a permanent citizen center in the building. The investment reflects Vanguard’s broader pivot to full-service real estate, targeting $2M–$25M multifamily properties across the Northeast, fueled by belief in Waterbury’s blue-collar demand for quality housing.

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