The Registry Review: May 23, 2022

Page 1

Vol.44, No.21

www.thewarrengroup.com

W E E K O F M O N D A Y, M A Y 2 3 , 2 0 2 2

THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group

WEEKLY SALES OF NOTE

E S G E VA L U AT I O N S

Claremont BLOCK AVE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $7,750,000 B: Claremont Apts Ventures LP S: Claremont Mnr Apt Ltd Mtg: Greystone Servicing $5,986,000

Fremont 442 MAIN ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $7,706,333 B: Wohcp LLC S: Bittersweet Prop LLC Mtg: Forbright Bank $10,945,875 Use: Nursing Home, Lot: 270943sf

805 CENTRAL RD . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,400,000 B: Rye Beach Storms LLC S: Joseph F Mcdonald 3rd Tr, Tr for Rockwall RET Use: 3 Bdrm Colonial, Lot: 60984sf

Newmarket 290 WADLEIGH FALLS RD. . . . . . . . . . . . . . . . . . . . . .$5,200,000 B: Wadleigh Falls PH LLC S: Wadleigh Falls Rd Sr Res LP Mtg: Eastern Bank $3,445,000 Use: Mixed Use-prim Comm & Other, Lot: 390733sf

Hampton 1016 OCEAN BLVD . . . . . . . . . . . . . . . . . . . . . . . . . . . $4,900,000 B: Paul Dahn & Kara Dahn S: Paula K Molloy Tr, Tr for Vivianne G Marcotte RET

Portsmouth 1464 WOODBURY AVE . . . . . . . . . . . . . . . . . . . . . . . . $3,800,000 B: Portsmouth Crossing LLC S: Bucephalus LLC Mtg: Gorham Savings Bank $3,040,000 Use: Restaurant/bar, Lot: 87120sf

Sandown 208 NORTH RD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,553,000 B: Wohfd LLC S: Evergreen Health Grp LLC Mtg: Forbright Bank $10,945,875 Use: Nursing Home, Lot: 285318sf

Hooksett 18 LEGENDS DR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,200,000 B: Marmon Aerospace & Defens LLC S: Underbrook LLC Use: Mixed Use-prim Comm & Other, Lot: 1829520sf

Bedford 24 JACKSON SQ. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,700,000 B: Christopher Crosby S: Robert J Terzian Mtg: CMG Mortgage Inc $1,360,000 Use: 4 Bdrm Colonial, Lot: 130680sf

Portsmouth 168 LINCOLN AVE. . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,600,000 B: Mark N Franklin & Julie S Franklin S: Martha G Nossiff Mtg: Fouad Elnaggar $1,600,000 Use: 3 Bdrm Conventional, Lot: 5933sf

A

s the federal government moves closer to requiring publicly traded companies, including stock banks, to disclose information related to climate change, other banks and even credit unions could feel the effects. The Securities and Exchange Commission has proposed a rule that would require public companies to take a standardized approach to disclosing climate-related risks to their businesses and other related information, a move the SEC said would give investors more consistent, comparable and reliable information. The agency has also said its Examinations Division will focus considerable efforts this year on analyzing public companies’ broader claims to investors who weigh firms on the basis of environmental, social and governance factors. Since credit unions and all New Hampshire-based banks are not publicly traded, the proposed rules would not apply. But as investors and consumers become accustomed to climate disclosures, other organizations could face pressure to start sharing information about their environmental, social and governance initiatives, including those involving climate change.

The Securities and Exchange Commission wants to require public companies, including stock banks, to disclose climate-related risks to their businesses. But the impacts could be felt more broadly in the financial industry.

A consumer survey by Virginia-based research firm Rockbridge found that 68 percent of respondents said they like to do business with companies that are environmentally responsible. But consumers do not want companies to just say they are environmentally responsible. The study found that 72 percent of survey respondents wanted companies to be sincere in their message. The SEC proposal would give investors, ratings agencies and institutional investors information that they could use to better under-

stand and make decisions about companies, including through enhanced or new valuation models, said Maura Hodge, the ESG audit leader with KPMG IMPACT in Boston. “Even though many companies are starting to report more, the level and the quality of that information is generally not high,” she said. “These proposals … are going to force companies to up their game and really increase and enhance the way that they think about and talk about climate-related risks and opportunities.”

New Hampshire Market Statistics Single-Family Sales By Month 1,700 1700

1,300 1300

REAL ESTATE RECORDS

3 3 4 4 5 5 7 8 10 10 11 11 11 11

BY DIANE MCLAUGHLIN

1,500 1500

INDEX COUNTY

Disclosure of Risks, Impacts Will Up Pressure on All Lenders REGISTRY REVIEW STAFF

Rye

PG

SEC Climate Regulations Could Ripple Through Banking Sector

TRANSACTIONS THRU

Belknap �������������������������� 05/06/22 Carroll ���������������������������� 05/06/22 Cheshire ������������������������ 05/06/22 Coos �������������������������������� 05/06/22 Grafton ���������������������������� 05/06/22 Hillsborough ������������������ 05/06/22 Merrimack ���������������������� 05/06/22 Rockingham ������������������ 05/06/22 Strafford ������������������������ 05/06/22 Sullivan �������������������������� 05/06/22 Bankruptcies Lien & Attachments Foreclosure, Mortgagee & Other Lien Auctions Requests for Bids & Proposals

1,100 1100 900 900 700 700 500 500

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Apr. May May June June July July Aug. Aug. Sept. Sept. Oct. Oct. Nov. Nov. Dec. Dec. Jan. Jan. Feb Feb. Mar Mar. Apr Apr. April ’21

’22

Number 1500 of 1,500 Sales 1300 1,300 1100 1,100 900 900 700 700 500 500

Continued on Page 12

Apr. Apr. ’17

Apr. Apr. ’18

Apr. Apr. ’19

Apr. Apr.

’20

Apr. Apr. ’21

Apr. Apr. ’22

Apr. 2017 Apr. 2018 Apr. 2019 Apr. 2020 Apr. 2021 Apr. 2022

Number of Sales

Change Prior Year

1,211 1,275 1,171 872 907 774

-4.65% 5.28% -8.2% -25.53% 4.01% -14.66%

q Statistics based on single-family home sales of $1,000 q Source: The Warren Group

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