CoStar News
July 25, 2024
Avanath Capital, Vessel Technologies Bet on Standardized Designs, Off-Site Manufacturing To Cut Costs
Connect Commercial Real Estate
July 24, 2024
Avanath Capital Management LLC, an Irvine-based owner and operator primarily focused on affordable and workforce housing, and Vessel Technologies, Inc., a mission-driven housing product company, have formed a strategic partnership to acquire, entitle, develop and operate multifamily communities in markets nationwide.
Hartford Courant
July 17, 2024
The unanimous vote by Avon planners Tuesday night was the second big victory in a week for Vessel: On Friday, a judge discarded Glastonbury’s reason for refusing to let the company put up a similar building in that town.
Hartford Business Journal
June 24, 2024
Neil Rubler founded Vessel Technologies with a new approach to addressing the national housing shortage.
NYREJ
November 14, 2023
Neil Rubler, founder of Vessel Technologies, envisioned a revolutionary approach to address the housing crisis, providing quality housing for the Missing Middle, those making too much to qualify for subsidized housing and too little to afford market rate. Rubler integrated prefabrication techniques and technology to build sustainable, attainably priced rentals.
Hartford Business Journal
November 2, 2023
Vessel Technologies has broken ground on its latest Connecticut project, a five-story, 70-unit apartment building at 146 Realty Drive, off Route 10, in Cheshire.
CNBC
October 26, 2023
NBA legend and now venture capitalist Andre Iguodala gave Vessel Technologies, Inc. a shoutout on CNBC Squawk Box this morning. In his interview with Andrew Ross Sorkin, Iguodala shared his enthusiasm for our work and his belief in our mission to offer each person an equal opportunity for an extraordinary life.
CT Insider
September 1, 2023
As towns across Connecticut are confronted with a housing crisis in which the need for affordable, multi-family homes far outweighs the supply that is currently available, one developer has taken a very basic approach: provide more housing at a cheaper price.
Building Design + Construction
July 6, 2023
Investment firm Mastry Ventures and LENx, the venture arm of homebuilder Lennar, have co-invested in Vessel Technologies’ next-generation housing product. Vessel, a housing product development company, aims to cultivate a pathway to creating attainable housing across the country.
Real Estate Weekly
July 5, 2023
Vessel Technologies, Inc., a mission-driven housing product development company and franchisor that offers a high-quality, sustainable, and attainably priced housing solution, has secured Series A funding from co-lead investors Mastry Ventures and LENx, the venture arm of homebuilder Lennar. The investment will accelerate Vessel’s growth, supporting continued expansion in the Northeast and a rollout to housing-constrained markets across the country.
Connect Media
July 5, 2023
Vessel Technologies, a housing product development company, has secured Series A funding from Mastry Ventures and LENx, the venture arm of homebuilder Lennar. The investment will accelerate Vessel’s expansion in the Northeast and its rollout to housing-constrained markets nationwide.
FOX 61
April 14, 2023
New London County has the jobs. But what about housing? In a ramp-up to build nuclear submarines, General Dynamics Electric Boat seeking to hire 5,700 workers in southeastern Connecticut this year. But does the Whaling City have the housing stock? It’s going into construction season with cranes already in the sky.
The Day
April 14, 2023
Gov. Ned Lamont Friday walked the dilapidated grounds of the Garfield Mill complex, looked out into the waterfront from a future luxury apartment on Bank Street and stood in a finished one-bedroom apartment along Howard Street.
Franchise Times
April 13, 2023
Inspired by the technological innovation driving the next generation of electric vehicles and ambitious endeavors such as Elon Musk’s rocket and satellite company SpaceX, Neil Rubler found himself rethinking his own industry, real estate.
Hartford Courant
April 6, 2023
Working to expand its footprint in Connecticut, housing developer Vessel Technologies is looking for zoning approvals in Simsbury and Cheshire following recent setbacks for its proposals in Glastonbury and Rocky Hill. The New York-based company is midway through building its first Connecticut apartment complex, a 30-unit project in downtown New London, and is eying nearly a dozen other communities for the future.
Hartford Business Journal
March 31, 2023
Vessel Technologies, which is proposing multiple apartment buildings throughout Connecticut with “attainable” units, is pitching another project in Cheshire.
Hartford Business Journal
March 27, 2023
A New York-based developer of several proposed “attainable” apartment buildings around Connecticut said he will resubmit new plans for projects in Rocky Hill and Glastonbury after both applications were denied by those towns’ Planning and Zoning boards.
The Day
March 2, 2023
The City Council has approved a 20-year tax abatement for developers of an apartment complex that would make use of a long vacant plot of land at 174 Bank St.
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Archinect
February 22, 2023
At Vessel, which describes itself as the “multi-family industry’s first franchising opportunity,” the company is seeking to address the housing needs of the “missing middle,” those who earn too much to qualify for subsidized housing but too little to afford market-rate options. In addition to partnering with community leaders to understand housing needs in individual areas, and offering individuals the option to become investors and operators in the resulting developments, the company is developing a patented housing system that it describes as “beautiful, luxurious, sustainable, healthy, safe and attainably priced,” leading to their current search for a “visionary architect” to advance the product.
Journal Inquirer
February 21, 2023
Lawyers clash over zoning rules for Glastonbury apartment plan
Hartford Business Journal
February 20, 2023
New York development firm Vessel Technologies Inc. is moving into Connecticut and bringing a novel approach to tackling the state’s housing shortage by quickly and efficiently building “attainable” units geared toward middle-income residents.
Hartford Business Journal
February 20, 2023
New York development firm Vessel Technologies Inc. is moving into Connecticut and bringing a novel approach to tackling the state’s housing shortage by quickly and efficiently building “attainable” units geared toward middle-income residents.
Hartford Business Journal
February 2, 2023
A developer with an eye toward smaller, more affordable apartments is proposing a multi-unit residential development in west Simsbury.
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Valley Press
January 20, 2023
The need for affordable housing is a nationwide problem that reaches into Connecticut and the Farmington Valley
Wall Street Journal
October 18, 2022
Construction of prefabricated homes is ramping up and providing an alternative to traditional multifamily, where the construction process has slowed because of rising costs and supply-chain delays.
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