Tag Archives: Les Otten

Balsams Loan Guarantee Moves Ahead, But Financing Questions Remain

DIXVILLE NOTCH — The effort to reopen the Balsams Resort has taken a “significant step forward on financing” with a request for a loan guarantee being filed with the state’s Business Finance Authority, Scott Tranchemontagne, a spokesman for the resort … Continue reading

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Balsams tops $26 million in real estate reservations

More than 120 families and individuals have made a 5 percent refundable deposit toward purchase of a unit in the first structures to be renovated as part of the $170 million Balsams restoration and expansion plan. | Keep Reading at … Continue reading

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Les Otten: $5M Balsams Loan Required His Testimony For Northern Pass

CONCORD — The second half of the regulatory war over the Northern Pass Transmission project began in confusion Friday as the opposition opened its case before the Site Evaluation Committee in the months-long proceedings. Eversource’s final witness Les Otten, who … Continue reading

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Balsams Developer May Submit Plan to Board at July Meeting

“We’ve been very busy since the first of the year furthering plans for Lake Gloriette House, the relocation of Spur Road, the Great Lawn and so on,” Ed Brisson, of Dixville Capital LLC, told the planning board. “It is a … Continue reading

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Balsams Sits Idle While Otten Fishes for More Investors

Remember the fight to block taxpayer-backed loans for Les Otten’s Balsams Boondoggle? The legislature and then Democrat Governor Maggie Hassan gave it their thumbs-up*. Well, it’s still sitting idle while Les hunts for more private investors. That’s not a good sign. … Continue reading

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