CRDC Finances New Development Project for Elm Grove Properties


  • "Elm Grove Companies has turned a building once used for drug and alcohol rehabilitation into a 32-unit mini-flat style apartments, a first of its kind in New Hampshire. With financing assistance from …"
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CRDC is pleased to announce it assisted with the financing for Elm Grove Properties' most recent redevelopment project in downtown Manchester. Teaming up with Bangor Savings Bank, CRDC provided

CRDC is pleased to announce it assisted with the financing for Elm Grove Properties' most recent redevelopment project in downtown Manchester. Teaming up with Bangor Savings Bank, CRDC provided gap financing for the purchase of 922 Elm Street, Manchester. The building is most notable for its former tenant, Ted Hebert's Music. Elm Grove plans to revitalize the building and create 30 apartments on the upper floors and establishing a restaurant at street level. 

Click here to read more about the purchase.



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