Commercial & Industrial
A Tale of Two Submarkets
New Hampshire’s office market will probably have to get worse before it gets better, according to leading industry indicators, but the state’s different submarkets also tell different stories.
FDIC Names CRE Concentration at Community Banks a Top Risk
Community banks loaded up on office loans, lines of credit to nonbank mortgage lenders and cyberattacks across the banking industry are some of the top risks bankers need to be watching, the FDIC said.
Apartment Industry Pushes Back on Biden ‘Junk Fee’ Crackdown
The Biden administration recently launched a series of initiatives to make sure apartment renters were able to see all so-called “junk fees” charged by landlords.
Developer Lupoli Seeks New Chapter for Hampton Beach
Developer Sal Lupoli bought the historic Hampton Beach Casino 11 years ago. Now, he’s almost ready to reveal redevelopment plans that could add new dimensions to what’s largely a summer resort.
Tiny House Developers Plan Second Village
A development team behind an innovative 44-unit village of not-quite 400-square-foot workforce housing cottages in Dover has proposed another similar project.
Regulators Allow for Short-Term Troubled CRE Loan Mods
A top real estate industry trade group got to take a victory lap recently as federal banking regulators announced some rule changes around how banks will be required to deal with a wave of office loans that are maturing just as future demand for office space looks shaky.
Laconia State School Developer Slashes Housing Component
Developers behind the ambitious and at times contentious redevelopment of the former Laconia State School say they are on track to buy the 220-acre property from the state in September for $21.5 million.
Manchester Hotel Sells for $8.5 million
One of the small cluster of hotels by the Mall of New Hampshire and Interstate 293’s Exit 1 has traded hands for $8.5 million.
High Building Costs Mean New Rentals Come with High Rents
Some multifamily projects have proceeded precisely because demand for housing remains so strong in New Hampshire, despite high rents brought by high construction costs.
Supreme Court Paves Way for Wetlands Development
Even after the latest court ruling, some experts said ambiguities remain – and likely will persist – meaning developers eyeing wetlands properties will still need consultants.
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