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 area.
Three years ago, Dagesse, who owns several auto dealerships, sold his 50% share in Balsams View to Otten’s company. Since the sale, Otten has served as lead developer while Hebert retained partial ownership. Now, Hebert has sold his remaining share to Otten’s company.