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


NH Business Review
Mayberry named exec director of NH Home Builders, Claremont Savings to open Lebanon branch … and more
May 18, 2021
Ledyard National Bank’s regional retail manager, Katie Blake, right, recently visited Keith Coughlin, executive artistic director of the New London Barn Playhouse recently to deliver Ledyard’s $25,000 donation to the ‘Playing a Part’ capital campaign, which is raising funds to enhance the theater, expand educational programs and build new office and workspaces, which will include the Ledyard National Bank Conference room.
Former Dover City Councilor
Matt Mayberry has been named the new executive director of the
NH Home Builders Association. Mayberry, a longtime Realtor with 25 years of real estate and development experience, is also a former commissioner of the New Hampshire Human Rights Commission and a former candidate for the Republican nomination in the 1st Congressional District. Mayberry was chosen from over ....

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Valley News - Bottom Line: Hanover Co-op sales surge in pandemic, but expenses were way up, too


Bottom Line: Hanover Co-op sales surge in pandemic, but expenses were way up, too
Modified: 5/15/2021 11:01:37 PM
The Hanover Co-op had a banner year in 2020, with sales jumping 11% to a record $85.4 million. And the bottom line swung to a profit of $1.8 million, the fattest the Co-op has recorded in its 85-year history.
But, despite the stellar results, the Co-op’s “patrons” won’t be seeing a refund check in the mail, which, with the exception of a modest check last year, has become more the norm in recent years.
What happened?
Roaring sales driven by people dining at home during the COVID-19 pandemic were accompanied by an even more roaring increase in wholesale costs and higher payroll expenses to handle the workload, as detailed in the 2020 financial report presented at the Co-op annual meeting last month. ....

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Valley News - Claremont Savings Bank opening West Lebanon branch


Claremont Savings Bank opening West Lebanon branch
Staff report
Modified: 5/10/2021 3:37:09 PM
WEST LEBANON Claremont Savings Bank plans to open a full-service branch at 106 North Main St., an expansion into the heart of the Upper Valley.
The West Lebanon branch, which would open this summer, will be in the first floor of the building which is currently home to stations connected to Great Eastern Radio, according to a news release from the bank on Monday. The radio station operations will be consolidated on the second floor of the building, the release said.
Claremont Savings Bank has had a loan production office in West Lebanon for the past three years but is opening a full-scale branch because of the number of people who live in Claremont and work in the Lebanon area, and those who do the reverse commute as well, bank President Reggie Greene said in the news release. ....

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Valley News - 'It's pretty much insanity': Pandemic-weary out-of-staters make Upper Valley housing market a feeding frenzy


‘It’s pretty much insanity’: Pandemic-weary out-of-staters make Upper Valley housing market a feeding frenzy
Modified: 5/1/2021 10:01:38 PM
Related stories
WEST LEBANON How crazy has the real estate market become in the Upper Valley? Ask Amanda Addington.
Addington and her partner, both 32, share a one-bedroom apartment in Hartland with their cat, Gary, and since September have been actively looking to buy their first home. They want to settle in the area with a bigger place.
The professional couple she works in the development office at Dartmouth College, he is a social worker in Vermont have visited 23 houses and condos, from Canaan to Quechee and Enfield to Thetford. They’ve made eight offers, not one less than asking price. ....

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