Mon, 04/05/2021 - 11:13am tim
Vermont Business Magazine Resident ownership has long been on the minds of the residents at the former Sterling View Mobile Home Park, but now that it is a reality, the new cooperative is anxious to get to work. The homeowners in Sterling View Mobile Home Park, a 55-plus community of 113 homes that sits 30 miles north of Montpelier, formed Sterling View Cooperative Community and purchased the land and infrastructure for $3.25 million on Friday afternoon from Kenneth & Martha Harvey.
Financing for the resident-owned community (ROC) was provided by ROC USA Capital.
“We’re so pleased to become a Resident Owned Community,” said Board President Paul Nesky. “All of our efforts have paid off, and we’re ready to move forward with resident ownership – we’ve got an annual meeting to plan, committees to form and roads to assess.”
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New president-CEO named to NH Community Loan Fund
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NH Business Review
Ground broken for $26 million Peabody Home expansion … and more
January 13, 2021
Building on Hope, the a volunteer organization that brings together designers, architects, builders, subcontractors, and suppliers to renovate a nonprofit organization’s facilities, recently completed a $2.27 million community-funded renovation of the Nashua PAL Youth Safe Haven. Nearly 400 businesses and volunteers worked together to completely transform the building. It was Building on Hope’s sixth renovation project and was the largest undertaken so far by the organization.Boston-based real estate advisory and investment firm
Senne has acquired 577 Mast Rd., in Goffstown, a standalone 14,673-square-foot retail property currently occupied by Rite Aid under a long-term lease. The $8.65 million purchase was completed with a combination of syndicated private equity from multiple investors and long-term bank financing from Newburyport Bank, Newland Development Associates LLC,