June 28, 2019 at 8:00 am
Mark Stasium, of Portland, Senior Vice President in the Commercial Real Estate Lending Division of Camden National Bank, has been elected to serve as Treasurer of the board of directors of the Maine Real Estate & Development Association (MEREDA), a statewide organization of commercial real estate owners, developers and related service providers. Mark succeeds Bill Shanahan, President of Northern New England Housing Investment Fund, a private, nonprofit corporation that promotes housing and community development in Maine and New Hampshire. Mr. Shanahan will continue on as Assistant Treasurer for one additional year.
Mark works with commercial real estate investors and developers and is responsible for originating commercial real estate loan transactions in northern New England and Massachusetts. Mark has 28 years of commercial lending and commercial credit experience, and prior to joining Camden National Bank, he was previously employed by Peoples Heritage Bank and TD Bank. In addition to serving on MEREDA’s Board, Mark also volunteers his time on its Conference and Seminar Committee, and will now also serve on MEREDA’s Executive Committee.
“We thank Mark for his interest in stepping into this important leadership role,” says Shelly R. Clark, Vice President of Operations for MEREDA. “Mark brings with him a wealth of industry knowledge and we look forward to working with him closely as we continue to promote MEREDA’s mission of supporting responsible development.
For further information, please contact MEREDA’s Vice President of Operations, Shelly R. Clark at 207-874-0801.