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State relists Laconia property for sale after $21.5M deal falls apart

CONCORD — State officials are looking for another buyer for the former Laconia State School property after the firm that agreed to purchase it for $21.5 million missed its third

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State relists Laconia property for sale after $21.5M deal falls apart

CONCORD — State officials are looking for another buyer for the former Laconia State School property after the firm that agreed to purchase it for $21.5 million missed its third

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Former Laconia State School Land For Sale Again; Developer Under Investigation

And the former Laconia State School property is a total fixer upper with a history and now an investigation into the woman who won the $21.5 million bid to develop it, but failed to come up with the money by Monday’s deadline after three extensions.

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Former Laconia State School property remains up for sale

Last month, a potential buyer hoped to close on the sale at the start of April, but state officials said that did not happen.

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No deal: As Laconia buyer misses deadline, state is out $21.5 million.

No deal: As Laconia buyer misses deadline, state is out $21.5 million.
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No deal. Laconia buyer misses deadline, state is out $21.5 million

Another bidder remains interested in 220-acre site

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Concord Monitor - No deal. Laconia buyer misses deadline, state is out $21.5 million.

Concord Monitor - No deal. Laconia buyer misses deadline, state is out $21.5 million.
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Fraud investigators ask court to make Alexander produce business records • New Hampshire Bulletin

Robynne Alexander, who has until this Monday afternoon to close a $21.5 million Laconia land deal with the state, is facing a new court challenge.

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Fraud investigators ask court to make Alexander produce business records

Robynne Alexander, who has until this Monday afternoon to close a $21.5 million Laconia land deal with the state, is facing a new court challenge. Friday, the state Bureau of Securities Regulation asked the state superior court to force Alexander to comply with its January subpoena seeking records related to its investigation of her business […] The post Fraud investigators ask court to make Alexander produce business records appeared first on New Hampshire Bulletin.

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No deal. Laconia buyer misses deadline, state is out $21.5 million.

In 2021, Gov. Chris Sununu rewrote state law to give himself the power to sell the beautiful but problematic 220-acre former Laconia State School campus, saying he’d succeed where others had failed. With just three votes from the Executive Council, Sununu was able to sidestep the typical lengthy state vetting process. Now Sununu’s plan has […] The post No deal. Laconia buyer misses deadline, state is out $21.5 million. appeared first on New Hampshire Bulletin.

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