People and Property: Real Estate and Construction News From Around NH
Former Wicwas Lodge property sold in Meredith … and more
AI Norwood Group has announced the sale of 1 Somersworth Plaza in Somersworth to Yuan Ze 2LLC for $339,900. The 8,400-square-foot retail strip plaza, formerly known as Lucky Supermarket, was owned and operated by LDL Enterprises for several years. The buyer of the property is an investor, and plans to put the property on the market for lease in the near future, said Deana Ardenof from NAI Norwood Group, who represented LDL Enterprises in the transaction.
Roche Realty Group has announced the sale of the Lakeland School property on Meredith Center Road and Route 104 in Meredith. The property includes 5.27 acres an a 13,000-square-foot building, formerly known as The Wicwas Lodge, with views overlooking Lake Wicwas. George Hurt of Roche Realty Group represented the seller in the transaction.
Morgan Franklin Fellowshipwill host “Homebuyer Orientation,” a free 45-minute webinar beginning at noon Tuesday, March 2. Designed for first-time homebuyers, the workshop will explore the steps in the homebuying process and outline the home mortgage approval process. Presenter is Neighborworks Southern New Hampshire’s HomeOwnership Program Director Paul McLaughlin. To register, morganfranklinfellowship.com.
Meredith Village Savings Bank has purchased $25,000 in tax credits through the New HampshireCommunity Development Finance Authority to support the Mill City Park project in Franklin. Funds will help support the organization’s goal of developing both land and water components into a whitewater park along the Winnipesaukee River adjacent to downtown Franklin, the first of its kind in New England.
The 80-room White Mountain Hotel & Resortin North Conway will soon begin a $3.5 million renovation and redesign of all guest rooms and suites as well as extensive exterior improvements. The project, slated to start March 1, is scheduled to be completed by Memorial Day weekend. The hotel and its 120 seat Ledges Restaurant and Tullamore Tavern will be closed during that period. Interior design firm Truexcullins, based in Burlington, Vt., has been hired to undertake the project. Others taking part are Ed Poliquin of North Conway, construction consultant for the project, DH-Companies of Manassas, Va., Gary Chicoine Constructionof Weare, general contractor, Saint-Damase Hotel Furniture of Quebec, Serta Mattress and Revolution Furnishings of Manchester.
NeighborWorks Southern New Hampshire has received a $50,000 grant from Eastern Bank Charitable Foundation to help the keep low-income families safely housed in quality affordable rental housing in southern New Hampshire.
Mark Danahy has joined New Hampshire Mutual Bancorp as senior vice president of residential lending. Danahy previously served as president and CEO at KeyBank Mortgage, based in Cleveland, Ohio, and in executive leadership roles at Citibank and PHH Mortgage, based in Mt Laurel, N.J.