People and Property: Real Estate and Construction News From Around NH
CATCH readies March 11 Masquerade Gala … and more
The Seacoast Board of Realtors says that there were six $1 million-plus condo sales in January, a record for the month. They helped boost the monthly median sale price of a condo to an all-time high of $552,500, up 41.6 percent from last year. But condo inventory set a new low for the month.
There was a record on the single-family home side as well — a new January low for active single-family listings – 57, less than half the number a year ago. The Realtors reported 46 closings, the fewest since 2011, and 26.9 fewer than last year. There were a record nine $1 million dollar-plus closings, three more than homes priced at $400,000 dollars and below. The January median price of a single-family home was $550,000 dollars, off 6.7% from last year.
On Friday, March 11, Concord-based CATCH Neighborhood Housing will be hosting its second Masquerade Gala at the Grappone Conference Center. The theme of the night will be “CATCHing up” with a gala designed to allow participants to reconnect with friends, donors, community partners and neighbors to raise funds to support the organization’s workforce housing programs. As part of the celebration, CATCH will be honoring several community members, including the inaugural Rosemary M. Heard Housing Champion Award, given to Mike Claflin, executive director of AHEAD of Littleton; the Helen M. Greene Visionary Award, to Ken Viscarello, attorney and shareholder at Sheehan Phinney Bass + Green; Community Collaborator Award, to Josh Hardy, executive director of ConcordTV; Business Partner of the Year award to Bonnette, Page & Stone; and Volunteer of the Year to Matt D’Amore, chief financial officer of Sanel NAPA and current CATCH board treasurer. For more information, visit catchhousing.org/programs.
James Prieto of Nashua-based Granite Commercial Real Estate helped BJ’s Wholesale Club in sourcing a new southern New Hampshire location for a BJ’s Gas Station at 210 Daniel Webster Highway in Nashua. The site is BJ’s Gas fifth New Hampshire location as it seeks to expand its footprint in the market.
Lakes Region Community Developers, Laconia, has announced that attorney Leigh Willey has joined its board. Willey currently serves as New Hampshire underwriting counsel for CATIC, which provides professional services to policy-issuing attorneys, insured lenders and homebuyers and other members of the real estate community. Before that, she was a founding member of Boutin Law PLLC, where she focused on real estate closings, general litigation, corporate law and related legal matters.
They’re putting in the finishing touches, including window treatments, furnishings and décor, on phase one construction at Peabody Place, the newly built senior living community that will be replacing the 80-year-old Peabody Home in Franklin. The first phase of the $26 million project is scheduled to be completed in early March. Current residents living in the original building will begin moving in later in the month while new ones will be welcomed in April. Once completed, Peabody Place will more than double capacity and will include 45 assisted living apartments, 13 memory care apartments and 16 independent living apartments The building was designed by EGA P.C. Engelberth Construction is building the facility and the engineering work is being conducted by Nobis Engineering. Advisory work is being provided by RS Consulting and the Northern Community Investment Corp.