People and Property: Real Estate and Construction News From Around NH

New president at Kane Company, four industrial units leased in North Hampton … and more
Neighborworks Donation Mvsb

NeighborWorks Southern New Hampshire recently received a $6,000 donation from Meredith Village Savings Bank to support the organization’s HOMEteam homeownership education and counseling services. Shown at the check presentation are, from left: Paul McLaughlin, Homeownership director at NeighborWorks; Denise Hubbard, mortgage loan program specialist at MVSB; and Charlie Dowd, vice president, residential mortgage sales at the bank.

Nominations are being sought for Plan NH’s Merit Awards of Excellence, which “recognize and showcase outstanding projects that demonstrate how the built environment can make a positive contribution to people and places.”     Nominations will be accepted through May 13. Winners will be honored at the Plan NH Annual Merit & Scholarship Awards Banquet on June 22 at Hotel Concord. Additional information and nomination guidelines can be found on PlanNH.org or by contacting Executive Director Tiffany Tononi McNamara at 603-452-PLAN or tiffany@plannh.org.

The NH Department of Revenue Administration is offering more homeowners the chance to apply for property tax relief through its Low and Moderate Income Homeowners Property Tax Relief program. Single homeowners earning up to $37,000 per year and married homeowners earning up to $47,000 can apply for relief from the state through June 30. Additionally, the maximum homestead value that may qualify for an award is increased to $220,000 of value. NHDRA distributed more than $821,400 in tax relief through this program last year, and nearly $46 million in total since the program launched in 2002. Taxpayers with questions can call 603-230-5920.

The Service CU Impact Foundation, the charity arm of Service Credit Union, will be hosting its Inaugural Spring Gala from to 8:30 p.m. Friday, May 20, at Service Credit Union’s corporate headquarters, 3003 Lafayette Rd., Portsmouth. The event will benefit the Community Action Partnership of New Hampshire, which consists of five agencies across the state that support local communities in a variety of ways, including housing and homelessness programs and services. Tickets are available $200 per person; VIP tickets are available for $300 and include access to a rooftop VIP reception from 4:30 to 5:30 p.m.

The recent leasing of four industrial units at 198 Lafayette Rd., North Hampton has been announced by Colliers’ Portsmouth office. The location, formerly home to an auto repair shop, was completely renovated into five contractor units. David Choate and Abigail Morneault of Colliers, represented the landlord, Sabbia LLC, in all of the leases. Choate and Morneault also represented the tenant in Unit 2, Homeland Heroes Foundation, a nonprofit that provides supportive services to active-duty military members, veterans and their families. This will be its second location in New Hampshire and its first Seacoast location. Caitlin Burke of The Boulos Company represented Otter Creek Homes in the lease of Unit 1 and Portside Fine Carpentry in the lease of Unit 3. Otter Creek is a general contractor that specializes in interior design and high-end residential construction, and Portside is a licensed and insured general contractor specializing in cabinetry. Jon Beebe of the Merrill Bartlett Group represented the tenant in Unit 4, Giovanni Benevento.

Real estate investment and development firm The Kane Company, Portsmouth, has appointed Brett Tonks as president and chief operating officer. Tonks has over 20 years of executive leadership experience, including investment and management positions with Colony Capital, Colony Realty Partners, TIAA-CREF and Eastern Bank.

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