Vol.42, No.30
www.thewarrengroup.com
W E E K O F M O N D A Y, J U LY 2 7 , 2 0 2 0
THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group
WEEKLY SALES OF NOTE
T O L L TA K E N
Over Half of Small Businesses Hit Hard by Shutdown
Durham
4-6 MAIN ST U:2 & 4-6. . . . . . . . . . . . . . . . . . . . . . . . $4,553,000 B: Main St Durham LLC S: Fall Line Properties LLC Use: Condo
Franklin
INDUSTRIAL PARK DR. . . . . . . . . . . . . . . . . . . . . . . . . $3,847,000 B: ARG NIFLNNH002 LLC S: 109 Industrial Pk Dr LLC INDUSTRIAL PARK DR. . . . . . . . . . . . . . . . . . . . . . . . . $3,000,000 B: 109 Industrial Pk Dr LLC S: 109 LPD Properties LLC
Poll Gives Shape to Retail, Restaurant Tenants’ Challenges BY JAMES SANNA REGISTRY REVIEW STAFF
M
Moultonboro
ore than half of the state’s small businesses have seen their revenue decrease by 50 percent or more thanks to the coronavirus shutdown, according to a survey of 1,549 small businesses in the state by the NH Small Business Development Center (SBDC) and the University of New Hampshire Survey Center. Businesses in 172 cities and towns responded to the survey between June 10 and June 24. Around half were classed as non-essential businesses during the state’s shutdown. Respondents, on average, had 15.8 full-time employees in February and 21.9 total employees. Firms in the retail and hospitality trades made up 24 percent of respondents. Together, professional and technical services, finance and real estate made up another 14 percent. Arts, entertainment and recreation made up another 11 percent, while health care and social assistance made up another 10 percent. The virus’ impact is being most keenly felt among businesses with few employees and those in the arts, entertainment and recreation industry or the accommodation and food service industry. Between 2 in 3 and 3 in 4 businesses in each of those categories reported losing 50 percent or more of their revenue.
72 ALPINE PARK RD. . . . . . . . . . . . . . . . . . . . . . . . . . $3,000,000 B: Richard A Pelletier & Brittany M Pelletier S: Scott C Fuller Dev LLC Use: 4 Bdrm Cottage, Lot: 74488sf
Meredith
22 CATTLE LANDING RD. . . . . . . . . . . . . . . . . . . . . . . $2,745,000 B: Nicholas Giacoumakis S: Robert C Gibbons & Lisa W Gibbons Mtg: Partners Bank $1,845,000 Use: 6 Bdrm Condo, Lot: 31363sf
Wolfeboro
4 HOPEWELL SHRS. . . . . . . . . . . . . . . . . . . . . . . . . . . $2,260,000 B: Matthew T Plano Tr, Tr for Matthew T Plano RET S: Jockey Cove LLC Use: 4 Bdrm Contemporary, Lot: 24829sf
Sunapee
61 WESTWOOD RD. . . . . . . . . . . . . . . . . . . . . . . . . . . $2,000,000 B: George R Hill 5th Tr, Tr for George R Hill 5th RET S: Scott B Howard & Elizabeth H Howard Mtg: Wells Fargo Bank $1,500,000 Use: 1-Family, Lot: 23522sf
Laconia
164 PAUGUS PARK RD . . . . . . . . . . . . . . . . . . . . . . . . $1,500,000 B: Reuven Kitov & Adi Kitov S: Donald M Giroux & Elisa M Giroux Use: 5 Bdrm Ranch, Lot: 17850sf
Moultonboro
243 EAGLE SHORE RD . . . . . . . . . . . . . . . . . . . . . . . . $1,450,000 B: LFRD Holdings LLC S: Howard F Eddy 2nd & Karen E Eddy
Hampton Falls
5 AVERY RIDGE LN. . . . . . . . . . . . . . . . . . . . . . . . . . . $1,350,000 B: Adam M Oberhaus & Laura A Oberhaus S: Richard Moore Tr, Tr for Mathew Lafond 2017 T
Portsmouth
were by far the biggest concerns, with more than four out of five participants saying they are very or somewhat concerned with maintaining sales, customers and revenue. A majority of respondents are very or somewhat concerned about access to capital, supply chain disruptions, timely payment of bills, liability with following health guidelines and cleaning the work environment as their business recovers.”
163 BAY POINT RD. . . . . . . . . . . . . . . . . . . . . . . . . . . $1,100,000 B: Edward Gillick & Susan Gillick S: John Hatem & Stacey Hatem
6,000 6000
5000
Both
INDEX
5,000 5000
4000 3000
Refinance Purchase
4,000 4000
2000
REAL ESTATE RECORDS 1000 TRANSACTIONS THRU
3,000 3000
Jan. Feb. MarchApril May June July Aug. Sept. Oct. Nov. Dec. Jan.
3 Belknap �������������������������� 07/10/20 4 Carroll ���������������������������� 07/10/20 5 Cheshire ������������������������ 07/10/20 5 Coos �������������������������������� 07/10/20 6 Grafton ���������������������������� 07/10/20 7 Hillsborough ������������������ 07/10/20 9 Merrimack ���������������������� 07/10/20 11 Rockingham ������������������ 07/10/20 13 Strafford ������������������������ 07/10/20 14 Sullivan �������������������������� 07/10/20 14 Bankruptcies 14 Lien & Attachments 14 Foreclosure, Mortgagee & Other Lien Auctions 14 Requests for Bids & Proposals
2,000 2000 1,000 1000
00
June July July Aug. Aug. Sept. Sept. Oct. Oct. Nov. Nov. Dec. Dec. Jan. Jan. Feb. Feb. Mar. Mar. Apr. Apr. May May June June June ’19
’20
6000 6,000
6000
BothMonth
Purchase
Refinance
Both
June 2016
1,367
2,107
3,474
June 2017
1,690
2,022
3,712
2000 2,000
June 2018
1,561
1,621
3,182
1000 1,000
June 2019
1,482
1,831
3,313
June 2020
1,153
4,247
5,400
Both
5000 5,000
5000 4000
Refinance
Refinance
Purchase
3000
4000 4,000
2000 1000
0
Jan. 15
Jan. 16
Jan. 17
Jan. 18
Purchase
Jan. 19
3000 3,000
00
Apr. 16 June
Apr. 17 June
Apr. June18
Apr. June19
Apr. 20 June
’16
’17
’18
’19
’20
Continued on Page 16
TO OUR CUSTOMERS
T
Number of Mortgages for Single-Family Homes
Newbury
0
Many, but not all reported losing workers due to the pandemic. Forty-seven percent of responding businesses had the same number of employees now as they did in February while 43 percent had fewer employees. “We knew businesses were struggling but the survey data quantified the problems and gave us ideas on how we can best support companies going forward,” Liz Gray, state director of the NH SBDC, said in a statement. “Maintaining sales/revenue and customers
NEW HAMPSHIRE MARKET STATISTICS
1163 SAGAMORE AVE U:70 . . . . . . . . . . . . . . . . . . . . $1,350,000 B: Dimitris Georgakopoulos & Sarah C Georgakopoulos S: Mats Linden & Christine Linden Use: 3 Bdrm Condo
PG COUNTY
The coronavirus pandemic has created great uncertainty for New Hampshire’s commercial real estate landlords, particularly those who own or manage retail and office space.
❑ Statistics based on single-family home sales ❑ Source: The Warren Group
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he Warren Group is making every reasonable effort to collect real estate data during these unprecedented times. As more registries restrict acBoth cess and courts close down, we anticipate further collection issues and as Refinance a result you will see fewer sales, notices and liens in The Registry Review. Purchase We will publish this information as it is available. We apologize for any inconvenience this crisis may cause, and we thank you for your understanding and continued support of our newspapers. Please call or email customer service at 617-896-5388 or customerservice@thewarrengroup.com if you have any questions. All collection issues are also available on our website, www.thewarrengroup.com/data-collection-issues. Sincerely, Cassidy Norton, Associate Publisher The Warren Group