Buffet Breakfast: 7:30 ~ Program: 8:00 - 9:00 AM
The development process brings together a number of diverse professionals: bankers, brokers, architects, engineers, etc. Developers themselves come from a number of different disciplines and also work with a number of these same professionals along the way. But, how does one actually get started? And what really happens?
Developers typically have an entrepreneurial nature and know how to sense opportunities for specific projects. Successful developers know how to manage risk and navigate through the whole development process. They know how to build a team of professionals for each project and when to start thinking about putting together sources of capital and pre-marketing the project. They know how to determine if a project is feasible.
Real Estate Development 101: Bangor Version will offer attendees the opportunity to hear from three local developers about their experiences over many years of real estate development.
- The Epstein family has been in the real estate business in the greater Bangor market for decades; Carol Epstein of Epstein Properties will be on the panel to discuss her experience with large to small scale commercial projects of every type, from industrial to office to national retail.
- Julie Sites of Sites Real Estate has developed and managed apartment complexes as well as condominiums and will be able to describe the intricacies associated with residential properties.
- Abe and Heather Furth are relatively new to the real estate development scene, having recently purchased and remodeled the new downtown Bangor Verve location in addition to their business locations in Orono. They will be on hand to talk about their experience with downtown development as well as to give the audience the opportunity to hear from someone who is looking at this process with fresh eyes.
Make plans to join MEREDA for breakfast on March 5th as Tanya Emery, Director of Community and Economic Development for the City of Bangor, hosts this great panel.
This is the fourth installment in our “Real Estate Development 101” series! We hope you will join us in Bangor for what is sure to be a very interactive session. Please come to the event prepared to ask questions!