Q: Why is project development financing becoming more expensive and difficult to secure, often requiring a higher equity contribution? A: Construction lenders for a variety of reasons are looking at development projects with more scrutiny. Construction lenders are portfolio lenders,…
Developers and taxpayers beware of communities wrestling with budget shortfalls and dwindling state and federal contributions that are relying on “innovative” land use controls to fund capital improvements. “Innovation” frequently comes with a hefty price in the form of exorbitant…
Alan Greenspan’s proposed successor has been named, and we will likely see little in the way of changes at the Fed. This means rising interest rates attempting to prevent rising inflation. A little bit of inflation is not such a…
The strongest economy among the six New England states is expected once again to be New Hampshire’s, according to a University of New Hampshire economist. Ross Gittell, James R. Carter Professor at the Whittemore School of Business and Economics, earlier…
To the editor: It was enlightening to see that the New Hampshire Lodging & Restaurant Association will be taking a neutral position with Rep. Sheila Francouer’s bill to ban smoking in bars and restaurants statewide. Similar legislation has already been…
Considered by some to be one of the Granite State’s best-kept theatrical secrets, the Hampstead Stage Company and The Hampstead Players — its touring group of actors — have spent nearly a quarter-century ensuring that a passion for theater continues…
Runnemede School in Plainfield is suing its insurance company for not paying a claim of more than $144,000 for embezzled funds. The suit, which moved to federal court last week, claims that Joanne Evarts, who ran the private school, and…
GE Capital has granted a temporary waiver to ailing health sciences corporation Curative of Nashua for payment on the interest of nearly $27 million in senior notes. After Curative announced Nov. 1 that it was delaying payments of senior notes,…
Larger than expected non-cash compensation, increased operating expenses of one subsidiary and growing investment in another added up to $3.3 million in third-quarter net losses, or 44 cents per diluted share, for Environmental Power Corp. The loss is down from…
Hampton-based Fisher Scientific reported higher-than-expected quarterly sales and earnings at the close of the market on Tuesday, causing its stock to jump more than 7 percent. The firm - which specializes in health and laboratory equipment -- reported $1.4 billion…
