Hartford Business Journal

HBJ082123UF

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CONNECTICUT'S BUSINESS NEWS WWW.HARTFORDBUSINESS.COM VOLUME 31 • ISSUE 16 $3.00 AUGUST 21, 2023 Hartford Mayoral Race Arulampalam says homeownership, small business support, downtown amenities could jump-start city's growth. Page 8 Redefining Dementia Care LiveWell bets $50M campus renovation will pave way for future of dementia care. Page 10 Deal Watch Higher interest rates, economic uncertainty sink CT commercial realty sales volume. Page 5 SPECIAL SECTION 40 Under Forty Inside Succession Planning Here's how one CT business used an ESOP as a buyout strategy. Page 16 HBJ PHOTO | STEVE LASCHEVER Awash in Cash Private equity investment, lucrative membership model spur CT car wash boom. Page 14

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