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Posted February 11. 2014 1:17PM

State agency outbids private enterprise to buy key Claremont building

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Jack Donovan, executive director of the NHBFA, outbid three others at Monday’s foreclosure auction with a bid of $210,000. The business finance authority is owed about $450,000 on a loan that was a small but pivotal part of the financing when the historic brick building was renovated in 2008. Holding his bidding card, Donovan quickly countered any bid made.


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