Thursday, February 10, 2011

Wall Street Boosts Borrowers as Real Estate Bond Market Returns

Wall Street Boosts Borrowers as Real Estate Bond Market Returns
By Sarah Mulholland and Nadja Brandt - Feb 9, 2011
Bloomberg.com 

Randy Waesche was running out of time to retire debt he took on to build a Marriott hotel in downtown New Orleans. Then Citigroup Inc. showed up.

Waesche had spent six months seeking a more affordable alternative to terms being offered by his lender, a unit of Capmark Financial Group Inc. Citigroup was able to offer a better rate as the market for bonds tied to commercial mortgages revives following its 2008 collapse. The loan was completed in November, and was part of an $876 million securitized debt sale by Citigroup and Goldman Sachs Group Inc. in December.

Tuesday, February 8, 2011

Two more Portsmouth restaurants seek valet approval

This is such a no brainer!  ~bf
Two more restaurants seek valet approval
Parking Committee to mull request, hear legal response on targeting time-limit scofflaws

By Charles McMahon
February 08, 2011 2:00 AM
SeacoastOnline.com
PORTSMOUTH — The city's Parking Committee on Thursday will take up two more requests from downtown restaurants for valet service, and hear a response on the legality of creating a new fine for drivers who remove chalk from their cars.

Saturday, January 29, 2011

Newburyport waterfront plans soon to resume

Karp's group expects stalled project to move forward

NewburyportNews.com

By Katie Lovett 

NEWBURYPORT — As the bleak economy starts to brighten and a resolution nears on long-debated flood maps, representatives of developer Stephen Karp's Newburyport Development are optimistic that stalled waterfront plans are about to move forward again.

Thursday, January 27, 2011

New law to impact landlords, owners of restricted property

New law to impact landlords, owners of restricted property

If you are a landlord, or if you have a client who owns restricted property, you should to be aware of a new law under RSA 540:1-b.

Monday, January 24, 2011

Portsmouth eyes shift of parking fees from commercial to residential

Portsmouth officials are beginning to review a draft plan of parking issues called the Downtown Parking Strategies Concept Plan. Five “priority strategies” will get the first look.


By 
cmcmahon@seacoastonline.com
January 24, 2011 2:00 AM

PORTSMOUTH — The city is on pace to begin addressing its most pressing parking priorities.
A report released Thursday by city staff calls for major changes to the parking landscape and could have overarching affects on residential development downtown. Called the Downtown Parking Strategies Concept Plan, the report is considered a draft plan for implementing coordinated strategies to increase the supply and enhance the management of off-street parking in the Central Business District.

People's United has a hankering for commercial real estate lending

People's United has a hankering for commercial real estate lending

Boston Business Journal 

People’s United Bank’s big splash into the Massachusetts banking sector marks the arrival of a massive — and rapidly growing — appetite for commercial real estate lending.

Wednesday, January 12, 2011

Portsmouth Restaurants Seek Approval to Valet Park

PORTSMOUTH — Privatized valet service for downtown diners appears to be becoming a popular tool for restaurant owners these days.

Monday, January 3, 2011

Business NH Magazine Sold

Portsmouth publisher, former candidate sells Millyard Communications

Press release

MANCHESTER — A Peterborough publisher, Heidi Copeland, has acquired Millyard Communications, Inc., from Portsmouth resident and former Congressional candidate Sean Mahoney.