From NEWS

BALSAMS RESORT REDEVELOPMENT TAKES MAJOR STEP FORWARD ON FINANCING

December 19th, 2017

DIXVILLE, NH – “The Balsams Resort redevelopment has taken a significant step forward on financing, just weeks after announcing it has received pre-sale deposits representing more than $26 million of real estate. The project’s lead lender, Service Credit Union (SCU), has applied to the New Hampshire Business Finance Authority (NH BFA) for consideration of a state-backed guarantee on the credit union’s $28 million loan to the development.” Read the full press release here.

Read more

Balsams tops $26 million in real estate reservations

November 22nd, 2017

“Lead developer Les Otten said the pre-sale contracts represent $26.1 million worth of future sales at the resort. He said deposits have been received from future purchasers in 18 states, including California, Colorado and Texas as well as Ontario, Canada…He also said the project’s lead lender is moving closer to taking its next step,” Read the full article by the New Hampshire Business Review.

Read More »