Page 7 - Les Otten News Today

An industry transformation is underway. One expert says most ski mountains in southern New England could be out of business in 25 years unless they diversify.

With a new investor entering the fold, the long-awaited Balsams redevelopment will be a new North Country getaway for Granite Staters in late 2023.

Baton Rouge nonprofit Provident Resources Group is looking to raise up to $125 million to restore the Balsams Resort in New Hampshire, which has been shuttered for 10 years, The Boston Globe reports.  

DIXVILLE — As developer Les Otten and Dixville Capital continue to seek the financing needed to begin the restoration of the Balsams Resort, time is ticking on its regulatory approvals.

DIXVILLE — As Les Otten and Dixville Capital still seek the necessary financing to begin the restoration of the Balsams Resort, time is ticking on its regulatory approvals. The project

The Balsams property available for weddings starting July 30 January 28, 2021DIXVILLE NOTCH — For the first time in a decade, one of the most beautiful and iconic wedding locations, The Balsams Resort, will make its property available for nuptials and private parties starting the weekend of July 30. Located in the northern White Mountains with 7,000 sprawling acres of accessible wilderness, the stunning property with spectacular views offers the perfect northern New England setting to host an...

Saturday, Jan. 9 • The Sun looked back on the lives of more than two dozen notable Mount Washington Valley residents who died in 2020. • Residents and staff of Mountain View Community nursing home in Ossipee received their first round of COVID-19 shots Jan. 6. • Balsams Resort developer Les Otten recently bought out his remaining partner in the Balsams redevelopment to become sole owner of the project. • The Bartlett School Board discussed how to hold the...

DIXVILLE NOTCH, N.H. (AP) — A contractor who formed a partnership to buy the Balsams resort in northern New Hampshire shortly after it closed in 2011 has sold his share to current developer Les Otten, giving him 100% ownership of the resort and surrounding property. The Caledonian-Record reports Dan Hebert sold his 50% share of Balsams View LLC to Otten's North Country Coos LLC. Otten bought the other 50% from Dan Dagesse in 2017. Hebert said in...

NH Business Review New investor helped enable purchase January 8, 2021 Balsams Resort Developer Les Otten has brought out his remaining partner in the landmark resort’s redevelopment. Otten’s company, North Country Coos LLC., now owns 100% of the Dixville resort and its surrounding real estate. The Balsams was purchased from the Tillotson Corp. in 2011 by Colebrook natives Dan Hebert and Dan Dagesse. The two formed Balsams View and solicited Otten to help them redevelop the property and ski...

NH Business Review Gaudet family sells central NH enterprise to longtime industry mainstay November 4, 2020 The transaction is expected to close on Dec. 1. Founded by Paul Gaudet Sr. and owned and managed by the Gaudet family, AutoServ of Tilton is the flagship of an enterprise that at its peak operated at six locations, including Concord, Plymouth, Newport and Laconia, and has been a mainstay of the commercial mecca surrounding Exit 20 on Interstate 93 for the past 30 years. The new owner, Dan...