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,...Multifamily Developer Targets Mass. Despite Rent Control
Undeterred by the threat of rent control, a national multifamily investor named a local executive to oversee its development platform’s growth in Greater Boston. GID Residential Partners named Chris Spendley managing partner as it ramps up development plans in several...
Contested Portsmouth Site Back in Play
What might be Portsmouth’s most controversial development site in recent memory is back in the news. After a decade of bitter debate, missed opportunities and lawsuits over what to do with the former McIntyre federal building complex in downtown Portsmouth, the new...New England CPA Trade Groups Merge
The Boards of Directors and members of the state CPA societies of Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont say they have approved a merger to form the New England Society of CPAs, effective July 1. The new organization will provide enhanced...
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
