Vol.42, No.47
www.thewarrengroup.com
W E E K O F M O N D A Y, N O V E M B E R 2 3 , 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
B A N K R E G U L AT I O N
Greenland 150 OCEAN RD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $29,400,000 B: AG EIP 150 Ocean Road LLC S: EIP Ocean Road LLC Use: Industrial Warehouse, Lot: 1454904sf
Goffstown 577 MAST RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $8,275,000 B: 577 Mast Road LLC S: KSL Hldg Goffstown NH LLC Use: Retail-department Store, Lot: 80755sf
Concord
Fed Sees Financial Stability Risks from Climate Change Discussion Could Prompt Future Regulation BY DIANE MCLAUGHLIN REGISTRY REVIEW STAFF
142 MANCHESTER ST. . . . . . . . . . . . . . . . . . . . . . . . . $4,100,000 B: Blue Penny Realty LLC S: TMCH Real Estate LLC
Sunapee 90 GARNET ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,745,800 B: Michael G Kelly & Sharon Garlitz-Kelley S: David J Sargent & Shirley W Sargent Mtg: HarborOne Mortgage $2,200,000 Use: 4 Bdrm Contemporary, Lot: 29185sf
Seabrook 171 ATLANTIC AVE. . . . . . . . . . . . . . . . . . . . . . . . . . . $3,075,000 B: Michelle M Hess Tr, Tr for Michelle M Hess 2001 RET S: J&L Atlantic LLC
Gilford 252 EDGEWATER DR. . . . . . . . . . . . . . . . . . . . . . . . . . $2,285,000 B: Michael J Oneil Jr Tr, Tr for Michael J&K E Nappa T S: Krabby Apple Prop LLC
New Durham 66 SOUTH SHORE ROAD. . . . . . . . . . . . . . . . . . . . . . . $1,805,000 B: Michael Mckenney & Mary Mckenney S: David M Swenson Tr, Tr for D M&Joan G Swenson RET
Alton 128 ROGER ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,800,000 B: Jon L Hodges Tr, Tr for Hodges FT S: Sharon L Mark Tr, Tr for Sharon L Mark RET Mtg: Mortgage Networks Inc $1,000,000 Use: 3 Bdrm Cape Cod, Lot: 33106sf
Pembroke 149 SHEEP DAVIS RD. . . . . . . . . . . . . . . . . . . . . . . . . $1,649,800 B: SCF RC Funding 4 LLC S: William Taranovich Jr
Newbury 12 ROCKY RD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,610,000 B: Allen C Jones & Nancy A Jones S: Lawrence E Hicks Mtg: Bank of America NA $1,127,000 Use: 4 Bdrm Contemporary, Lot: 8712sf
T
he Federal Reserve has added a discussion about climate change to its Financial Stability Report for the first time, noting vulnerabilities the financial system could face in the years ahead. The 80-page report is a supplement to the Fed’s annual report to the Financial Stability Oversight Council and is meant to promote public understanding of the Fed’s views on financial stability, according to the report released recently. Including the Fed’s views on climate change was a welcome addition to the report, Fed Governor Lael Brainard said in a statement. “It is vitally important to move from the recognition that climate change poses significant financial stability risks to the stage where the quantitative implications of those risks are appropriately assessed and addressed,” Brainard said. The Fed said in the report that it has only just started to incorporate the effects of rising global temperatures, including changing sea levels and more severe weather events, into its analysis of financial stability.
600 600
INDEX
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REAL ESTATE RECORDS
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3 Belknap �������������������������� 11/06/20 4 Carroll ���������������������������� 11/06/20 4 Cheshire ������������������������ 11/06/20 5 Coos �������������������������������� 11/06/20 6 Grafton ���������������������������� 11/06/20 7 Hillsborough ������������������ 11/06/20 9 Merrimack ���������������������� 11/06/20 11 Rockingham ������������������ 11/06/20 12 Strafford ������������������������ 11/06/20 13 Sullivan �������������������������� 11/06/20 14 Bankruptcies 14 Lien & Attachments 14 Foreclosure, Mortgagee & Other Lien Auctions 14 Requests for Bids & Proposals
vance,” the Fed said. In its two-page discussion on climate change, the Fed pointed to real estate exposures as an example of how climate change could increase financial stability risks. More frequent floods or storm surges could cause the expected value of real estate to decrease, which could also “pose risks to real estate loans, mortgage-backed securities, the holders of these
360 360 280 280 200 200
Sept. Oct. Oct. Nov. Nov. Dec. Dec. Jan. Jan. Feb. Feb. Mar. Mar. Apr. Apr. May June July Aug. Sept. Sept. Sept. May June July Aug. ’19
’20
Number 600 600 of Sales 550 550 500 500 450 450
400 400
Sept. Sept. Sept. Sept.
’15
’16
Sept. Sept.
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Sept. Sept. Sept. Sept. Sept. Sept. ‘18 ‘19 ‘20
Continued on Page 16
TO OUR CUSTOMERS
T
Number of Condo Sales
20 PINE ST . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,175,000 B: Ioka Properties LLC S: Kathleen Fazekas Tr, Tr for Marilyn E Flynn RET Mtg: Provident Bank $1,391,250 Use: 4 Bdrm Conventional, Lot: 20473sf
TRANSACTIONS THRU
Both direct losses from events like storms and droughts, as well as repricing events related to the public’s perception of climate-related risks, could affect economic conditions and the value of financial assets, the Fed said. “These repricing events and direct losses associated with climate hazards can result in an increased frequency and severity of financial shocks; the timing and repercussions of these shocks are difficult to predict in ad-
New Hampshire Market Statistics
Exeter
PG COUNTY
The Woolsey Fire burns through a Malibu, California neighborhood in 2018. Wildfires fueled by intensifying droughts are one of the biggest climate change risks New Hampshire faces, scientists say.
Year
Number of Sales
Change Prior Year
Sept. 2015 Sept. 2016 Sept. 2017 Sept. 2018 Sept. 2019 Sept. 2020
495 467 526 485 540 576
6.3% -5.66% 12.6% -11.6% 16.13% 6.67%
q Statistics based on condo sales of more than $1,000 q 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 access and courts close down, we anticipate further collection issues and as a result you will see fewer sales, notices and liens in The Registry Review. 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