News: Owners Developers & Managers

The Kane Co. brokers sale of 7.8 acres of land to Patel for La Quinta Motel

Bharat Patel has purchased 7.8 acres of land from Tyco Integrated Cable Systems, Inc. Patel will build a La Quinta Motel. The groundbreaking will be March of 2009 with the grand opening one year later. Patel is looking forward to coming to the Portsmouth area. Katherine Williams Kane of 10Rep, LLC and Michael Scimo of CB Richard Ellis listed the property. Joseph Kane of The Kane Co. was the broker for the buyer.
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Elm Grove Companies breaks ground on $20 million - The Rapids On Cocheco

Rochester, NH Real estate development firm, Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit workforce housing community at 29 Wadleigh Rd. This will be the company’s ninth venture in the affordable housing arena with other affordable properties in the state totaling 430 apartments
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