Brooks House Deal Closes; Brown & Roberts Sold
Two bits of interesting business news today in Brattleboro.
First, it’s official, the Brooks House team has closed on the deal to finance the renovations and restoration of the historic downtown building. They should be given awards for being able to come up with the complex interconnection of financing ($24 million) that is making it possible. Work should start soon and a groundbreaking is scheduled for July 17.
Second, the rumors some have heard are true. Brown & Roberts has been sold. The Putnam family ends 40 years of family ownership with the sale.