Name: Patrick Mulready
Title: President - Real Estate Finance Assn. of Connecticut
Company: CBRE
Location: 185 Asylum St., 31st Flr., Hartford, CT
Place of Birth and Year: Hartford, CT - 1974
Family: wife; Christine, children; Devin, Sawyer, Eloise, Cleo
College: U of CT - BA Economics with concentration in RE & Urban Economic Studies
First job outside of finance: Appraiser - Farley Whittier Partners
First job in Finance or Allied Field: RE Broker for CBRE
What do you do now and what are you planning for the future: Create networking opportunities and educational programs for members
Hobbies: Boating, fishing, run marathons
Favorite Book: "Catch 22" by Joseph Heller
Favorite Movie: "Pulp Fiction"
Person you most emulate (outside of family): George Washington
Key to success (one idea): Pay attention to details in order to better serve my clients
If you were forced to choose another vocation what would it be?: Writer
Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019. Casino corridor properties maintained modest growth with RevPAR improving 4.5% to $92 in 2025.
Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.