Mass. Developer Buys North Conway Hotel
A prominent North Conway hotel has traded hands from a Rhode Island firm to a Massachusetts firm for $44 million. The North Conway Grand Hotel’s sale took place May 20 according to a Carroll County deed. Citizens Bank of Rhode Island provided the mortgage. The seller,...Mascoma Bank, Maine Mutual Plan Holding Company Merger
Lebanon-based Mascoma Bank and Maine-based Androscoggin Bank last month announced their plan to combine their parent companies into a single mutual holding company in the hopes of realizing scale. Mascoma has $2.99 billion in assets, while Androscoggin has $1.8...Time on Market Grew as Listings Jumped in April
The latest data from the New Hampshire Association of Realtors shows a large year-over-year bounce in homes on the market statewide, but those same homes are spending longer on the market. NHAR reported that 1,855 single-family homes hit the market in April, a 19.4...
New Developer Floats Concepts for Controversial Portsmouth Site
The businessman who bought what might just be Portsmouth’s most controversial development site in living memory for $9 million is finally ready to offer a plan for the site. DiLorenzo, owner of local car dealership business Key Auto Group and a candidate for Congress,...This Week’s Paper: Digital Edition
