People and Property: NH Real Estate and Construction News Rundown
Kuster takes lead on Northern Border Commission, Concord office building sells for $725,000 … and more
North Branch Construction, Concord, recently donated the proceeds of its Safety Fine Program to the Colby-Sawyer College. North Branch recently completed construction of the new Center for Art + Design on the Colby-Sawyer campus in New London. The company developed its safety program in 2005.
Easterseals New Hampshire has named Tracey Pelton of Amherst, executive director of business development and marketing for Procon in Hooksett, to its board of directors.
Engineering Ventures, with offices in Burlington, Vt., and Lebanon, NH, has opened a New York office at 414 Union St., Schenectady, N.Y. After many years of providing civil and structural engineering services in the Capital District and surrounding areas, the firm said the office will allow the company to serve existing clients in the region and grow the practice. The office will be headed by Michael Dussault.
Danvers, Mass-based Mortgage Network Inc. has unveiled a new Jumbo Renovation Loan program, which it said enables homeowners to finance the purchase or refinance of a home plus the costs of renovating it, all in one loan.
The program provides loan amounts that exceed the current Fannie Mae and Federal Housing Administration county loan limits, including the limits in designated high-cost areas. Loans are available up to $800,000, but loan amounts greater than that, including more than $1 million, will be considered, the company said.
Single-family homes located in Massachusetts, Connecticut and New Hampshire are eligible for the program. The home must be the borrower’s primary residence, said Laurie Souza, national business development manager for portfolio/renovation lending at Mortgage Network.
The multi-tenant office building at 210 N. State St. in Concord has been sold to West Ex LLC. Chris Pascucci of KW Commercial represented the buyer, and Donna Rice of Premier Properties represented the seller. According to the Merrimack County Registry of Deeds, the building sold for $725,000
Sanborn, Head & Associates Inc. has announced the promotion of Sarah Dolcino, Chris Finnegan, Scott Nerney, Tim Reed and Jennifer Sanborn to project director. In addition,
Stan Sadkowski, who manages the firm’s Boston office, has been promoted to senior vice president.
U.S. Rep. Annie Kuster, D-2nd Dist., is taking the lead in a bipartisan call to the governors of New Hampshire, Vermont and New York in urging support for the Northern Border Regional Commission, a federal-state partnership established to organize federal funding toward specific state economic and community development projects in rural parts of the Northeast. Kuster was joined on the letter by and U.S. Rep. Carol Shea-Porter, D-1st Dist., U.S. Reps. Elise Stefanik, Claudia Tenney and John Katko, all of New York, and Peter Welch of Vermont.
Last year, Kuster introduced the Northern Border Regional Commission Reauthorization Act of 2017, which would continue funding for the Northern Border Regional Commission and extend its authorization for five years.