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February 7, 2023 at 6:00 am · · Comments Off on MEREDA Recognizes Four Exceptional Individuals for Their Contributions to Real Estate Development and Policy in Maine

MEREDA Recognizes Four Exceptional Individuals for Their Contributions to Real Estate Development and Policy in Maine

On January 26, 2023, the Maine Real Estate and Development Association (MEREDA) recognized four exceptional individuals for their significant and lasting contributions to real estate development in the State of Maine. The awards were presented in person at this year’s Forecast Conference at the Cross Insurance Arena attended by close to 800 real estate professionals.

Click here to watch the awards ceremony.

 

Josh Fifield was selected for this year’s Robert B. Patterson Jr. Founder’s Award, for his extraordinary commitment and dedication to MEREDA over the years.

Fifield is a Vice President of the Business Insurance Department at Clark Insurance, where he works with business owners to identify their risks to help protect their hard work, assets, employees, and most importantly, their families. Active in the community, Fifield has coached a variety of youth sports and has been the Safety Director for Portland Little League.

In 2014, Fifield started volunteering with MEREDA as a committee member on the Marketing & Membership Committee. He then joined the Board of Directors in 2017, a year he was also recognized with MEREDA’s Volunteer of the Year Award. Over the years, Fifield has also co-chaired the Membership Committee and recently served as President from 2020-2022. It was his steady hand that guided the organization during a time of unprecedented uncertainty and upheaval. Even with those challenges, in Fifield’s tenure, MEREDA saw financial stability and growth in membership. He continues to serve on MEREDA’s Membership and Executive Committees. MEREDA is grateful for Fifield’s unwavering dedication and leadership!

The MEREDA Public Policy Award is presented each year to an individual whose efforts have made a significant impact on public policy changes that benefit responsible real estate development and ownership in Maine. This year we recognize Senator Matt Pouliot for his leadership in housing creation policy, and for his support of MEREDA’s efforts.

Senator Pouliot has been a steadfast supporter of MEREDA policy priorities, including his help in maintaining the Maine Historic Rehabilitation Tax Credit, his support for the establishment of a Commercial Property Assessed Clean Energy (CPACE) program, his vote for the 2022 Housing Act, and his sponsorship of two MEREDA priority legislation items for the 131st Legislature. Additionally, Senator Pouliot has recently risen as a leader in bipartisan discussions about smart public policy to help curb Maine’s housing crisis. Last fall, he served on the Legislature’s recent Commission to Increase Housing Opportunities in Maine by Studying Land Use Regulations and Short-term Rentals – the final report of which is the starting point for the work of the new Joint Select Committee on Housing, which Senator Pouliot was instrumental in establishing.

Senator Pouliot is also a leader in real estate sales and development in Kennebec County and beyond. Most notably, he has helped revive the historic Water St. corridor in Augusta through redevelopment of downtown properties, including the New Purington Brothers Block, which won a 2022 Maine Historic Preservation Award. His support for responsible real estate development, approach to policy making, and service as a leader both in the legislature and in his hometown of Augusta make Senator Pouliot a clear choice for this year’s Public Policy Award.

The Volunteer of the Year Award is awarded to those who generously share their time, talents, and energy with MEREDA. This year we honor the contributions of Ben Brennan.

Ben Brennan is a Senior Sales Executive for KONE Elevators, located in South Portland. Responsible for new equipment business development and project management, Brennan partners with stakeholders of new and existing real estate developments in Maine, New Hampshire, Vermont, and Massachusetts.

With MEREDA, Brennan was an active and engaged participant on DevelopME’s Committee early on, which led to him serving as co-chair from 2020 – 2022. In this role, he worked to engage membership and create professional development opportunities within the organization for the next generation of industry professionals. In 2021, Brennan started serving on MEREDA’s Board of Directors, where his can-do attitude and interest in MEREDA’s initiatives became even more evident. More recently, he joined the Local Issues Committee, and demonstrated his commitment by asking to become co-chair! Brennan is happy to lend a hand when asked and has become a great addition and vocal advocate of MEREDA. MEREDA looks forward to working with him for many years to come!

The President’s Award is given by MEREDA’s current President, Craig Young of The Boulos Company, in recognition of someone who has made significant contributions on MEREDA’s behalf. This year’s President’s Award goes to Shelly Clark, for her enduring contributions to MEREDA.

Clark started with MEREDA in January 1997. That year the Forecast Conference had only 105 people in attendance. Clark has helped grow that event and MEREDA into what it is today. Now, serving as MEREDA’s Executive Director, Clark manages all day-to-day operations, including coordinating educational programs, managing membership development, and providing support for board and committee activities. During the pandemic, Clark went beyond the call of duty. Working from home, she kept the organization going. She was there to help everyone who needed it, from planning online events to supporting membership efforts. In short, you simply cannot think of MEREDA without thinking of Shelly Clark. She is literally the heartbeat of this organization, and has been for more than 25 years.

Clark has been a vital colleague to a dozen MEREDA Presidents. As part of the award tribute, a few recent past presidents echoed Young’s praise for Clark and shared their thoughts in a brief video.

Clark is originally from Houlton and proud of her roots in The County. Always a hard worker, she recalls waking up at 4am picking potatoes at the age of 7 so she could get the “Dorothy Hamill” haircut at the Bangor mall. She now lives in Portland with her husband Alan. Clark has always said that she has the best job in the world and that if she weren’t doing this she’d be singing and touring with a band. MEREDA is so lucky to have Clark as our lead singer…she does it all, she does it well, and we simply couldn’t get along without her.

MEREDA congratulates these four exceptional members, and thanks every volunteer whose contributions of time and talent make the association’s continued success possible.

Below:  MEREDA President, Craig Young, Ben Brennan of KONE Elevators, Shelly Clark, MEREDA Executive Director, Josh Fifield, Clark Insurance, Senator Matt Pouliot.

 

January 31, 2023 at 6:00 am · · Comments Off on Peaks & Plateaus: MEREDA’s Forecast Conference Gives Context to Maine’s Real Estate Data

Peaks & Plateaus: MEREDA’s Forecast Conference Gives Context to Maine’s Real Estate Data

PORTLAND, Maine–On Thursday, January 26, over 800 of Maine’s real estate and development professionals gathered at the Cross Insurance Arena to learn about the latest trends and predictions for the real estate economy at the Maine Real Estate & Development Association’s (MEREDA’s) Forecast Conference and Member Showcase. MEREDA also streamed the conference for those who could not attend in-person. “Even though Sugarloaf was having an incredible powder day, there is no other place I’d rather be than the Forecast Conference,” shares MEREDA President Craig Young. “This is a day where you have great conversations and make great connections. You get to be in the room with the people who are driving responsible development in our state.”

With a dynamic lineup of industry experts presenting on the ins and outs of Maine’s real estate economy, the Forecast Conference provided an opportunity for real estate professionals to learn from each other and map out what lies ahead for their industry. The day began with a discussion of one of the most pressing issues in Maine: affordable housing. Keynote speaker Greg Payne, a Senior Advisor on Housing Policy with the Governor’s Office for Policy Innovation and the Future, said “We have got to rededicate ourselves to investing in affordable housing and working on solutions.” Payne went on to outline the ways in which Governor Mills has made a historic commitment to building more housing in Maine. “As big and frustrating as our housing challenges are, we’ve never been in a better position to do more,” Payne said, urging people to participate in the effort to ensure all Mainers have access to safe and affordable housing. Next, James Marple, a Senior Economist from TD Bank provided an economic outlook on both a national and state level, sharing an expectation for the economy’s growth to slow, the real estate boom prices to unwind, and for the labor demand challenge to continue to impact Maine’s economy.

Looking at the industrial sector, Justin Lamontagne and Sam LeGeyt of The Dunham Group reported on another healthy and competitive year that was also beginning to show signs of a plateau in the future. That said, demand continues to be there for industrial spaces, with Lamontagne wondering if there will be zoning changes to facilitate the conversion of office space into low-impact industrial use, and if speculative construction will move north where there is land to develop for new Innovation Districts.

Dava Davin of Portside Real Estate Group gave a presentation on the single family residential market in Southern Maine, an $8 billion market, succinctly summarizing, “In 2022, prices went up and sales went down.” Diving into the details, Davin put a spotlight on three “stand out” towns that were seeing incredible increases in home prices: Lewiston, Westbrook, and Cumberland. Looking at the luxury market, Davin reported that homes selling for over $1 million have tripled since 2019, and in 2022 the most expensive home sold in Maine was in Camden at $13.7 million. Predicting that housing prices will level off, there will be fewer transactions, and a return of the seasonal market, Davin sees less frenzy and more thought in 2023’s residential market. Especially since many Mainers cannot afford to buy the home they live in today, so they aren’t able to move anyplace else.

Bricks and mortar retail locations continue to create great demand in the Portland area, Peter Harrington of Malone Commercial Brokers reported. “The demand is there and it’s getting really expensive to get a retail space in downtown Portland.” With more national chains moving into the Old Port district, Harrington discussed how there is a need for a mix of retailers in the market. “It brings life; we need that at street level,” he said while recalling the old days when offices occupied prime locations and had their shades perpetually drawn. Harrington predicts that retail will continue to be a strong market with growth opportunities: its healthy demand is helping historic buildings get rehabilitated and bringing more people to shop and eat downtown.

Other presentations included Elizabeth Frazier of Pierce Atwood with an update on MEREDA’s Legislative Agenda. In the year ahead, Frazier said that MEREDA’s Public Policy Committee will be focusing efforts on reducing the barriers for housing creation and has three bills in the works for the upcoming session. Reporting on the Bangor area market, David Hughes of Epstein Commercial Real Estate cited the challenges of low inventory in the industrial and office sector, and also highlighted a few game changers for the area including downtown apartment conversions, the Maine Savings Amphitheater, and the transformation of Main Street. Brit Vitalius of Vitalius Real Estate Group provided a report on the multi-family market in Southern Maine, highlighting the incredible growth of Lewiston/Auburn in particular. In a look at the Central Maine market, Frank Carr of Maine Realty Advisors echoed the story Vitalius shared of a booming market in Lewiston/Auburn, and shared his outlook for Augusta and Waterville. Dave Holman of RE Max Riverside Commercial gave an update on the Midcoast Maine market, highlighting the renaissance that Bath is seeing, and outlined the exciting projects in the pipeline for the Brunswick area including a community recreation facility and housing for asylum seekers. Matt Arrants of The Arrants Company discussed how the return of business travel and international travel were impacting the Maine hospitality sector, predicting that Maine will continue to be a popular travel destination and lamenting the labor shortage for hotels. Nate Stevens of The Boulos Company provided a report on the Southern Maine Office Forecast, saying that there are still a lot of unknown questions post-pandemic. Outlining the difference between downtown Portland and suburban markets, Stevens sees opportunities for conversions to housing and industrial spaces, and opportunities for office tenants if they know where to look.

Overall, strong demand and limited supply continue to shape many of Maine’s real estate sectors. How that demand will continue to drive growth is one of the remaining questions. What’s clear is that MEREDA members will be working together to ensure that growth will be defined by responsible development, which must include more affordable housing for Mainers. Sponsors of the event include TD Bank, Mainebiz, The Downs managed by Maine Properties LLC, Bangor Savings Bank, FirstPark Business Park, Haley & Aldrich, Landry/French Construction, Partners Bank, and Pierce Atwood.

January 10, 2023 at 4:01 pm · · Comments Off on Listen up! MEREDA Launches New Real Estate Podcast: “MEREDA Matters”

Listen up! MEREDA Launches New Real Estate Podcast: “MEREDA Matters”

Have you ever wanted to be a fly on the wall listening in on a conversation between Maine’s real estate industry leaders? Been curious about the people who have put together some of Maine’s most important development deals? Well, the Maine Real Estate & Development Association (MEREDA) has a treat for you! The organization known for bringing people together for insightful discussions on all things related to real estate and development is taking to the airwaves, or rather the podcast waves! On January 10th, MEREDA launches MEREDA Matters, a podcast that highlights the people, stories, and relationships behind the responsible development happening in Maine.

“I’ve been a part of MEREDA for years, and what has always stood out to me is the people. At every MEREDA event, I always have a great conversation with someone,” shares Craig Young, MEREDA President. “The MEREDA Matters podcast is about sharing those great, insider conversations. We rub elbows with these folks professionally, but what makes them excited to get up in the morning? What are they putting in their coffee? What matters most to them? Let’s get into it together!”

The MEREDA Matters podcast is sponsored by NBT Bank. Additional sponsors include Bangor Savings Bank, Clark Insurance, and The Boulos Company. A new episode will be released each month and each will feature a new voice from the real estate and development industry in conversation with Young and other MEREDA board members such as Vice President Shannon Richards and Board Member Paul Peck. The first guest on the podcast is Kevin French, Chairman and CEO of Landry/French. According to Shelly Clark, MEREDA’s Executive Director, eager listeners can find the MEREDA Matters podcast episodes on Apple, Spotify, or their regular podcast source. The episodes can also be found on MEREDA’s website www.mereda.org.

January 10, 2023 at 6:00 am · · Comments Off on MEREDA Kicks Off 2023 With Its Forecast Conference

MEREDA Kicks Off 2023 With Its Forecast Conference

On Thursday, January 26, 2023, leaders from across Maine’s real estate industry will gather for the Maine Real Estate & Development Association’s (MEREDA’s) Forecast Conference and Member Showcase. This annual event will take place at the Cross Insurance Arena in Portland, and can also be streamed online. Is the housing market cooling down? How has inflation impacted the retail market? Is the industrial sector still booming? Anyone curious about these questions and what industry experts see for the future of Maine’s real estate economy will find the Forecast Conference a day full of insight and thoughtful presentations.

“The Forecast Conference kicks off the year in a great way,” shares MEREDA President Craig Young. “It’s where you have meaningful conversations, learn from other professionals, and connect with the people in our state who are driving responsible development. There’s no other place to be on January 26th!”

MEREDA’s Annual Forecast Conference is geared towards builders, developers, brokers, attorneys, architects, engineers, municipal leaders, bankers, and accountants, to name a few. Continuing Education credits will be available. Along with presentations from real estate leaders across various sectors and a keynote address on housing policy from Greg Payne, a Senior Advisor at the Governor’s Office of Policy Innovation and the Future, the conference will also include a member showcase with exhibitions from local businesses. MEREDA’s mission is to promote responsible development in the state of Maine and is why they work hard to provide opportunities for people to learn and connect with other industry professionals.

According to Shelly R. Clark, MEREDA’s Executive Director, MEREDA’s Forecast Conference will be held at the Cross Insurance Arena on January 26 from 9am to 5pm. The event will also be available online. Registration is available at MEREDA.org. Event sponsors include, TD Bank, Mainebiz, The Downs managed by Maine Properties LLC, Bangor Savings Bank, FirstPark Business Park, Haley & Aldrich, Landry/French Construction, Partners Bank, and Pierce Atwood.

REGISTER TODAY! 

December 6, 2022 at 8:00 am · · Comments Off on Maine is readying new public-private financing tool to facilitate “green” development

Maine is readying new public-private financing tool to facilitate “green” development

Commercial property assessed clean energy (C-PACE) financing has enabled at least $2 billion of energy-saving upgrades in other states, but Maine bankers fear it will bring added risk to mortgage lenders.

Maine officials are finalizing a new statewide program that will allow commercial property owners and developers to finance energy-saving building upgrades at a lower annual cost through public-private partnerships among property owners, lenders and municipalities.

Known as commercial property assessed clean energy (C-PACE) financing, the program was authorized by Maine lawmakers in 2021 via the passage of LD 340. Rulemaking is being conducted by Efficiency Maine Trust, which will administer the C-PACE program, and that process is expected to be completed in the next few months.

C-PACE programs are designed to make it more affordable for property owners to finance energy-saving building upgrades through an innovative lending structure. Traditionally, construction and retrofitting of commercial buildings is financed with real estate loans whose repayment terms typically range from five to 10 years with a balloon payment due at the end. In contrast, C-PACE programs only cover the cost of energy-saving upgrades, offer terms of 15 to 30 years and are fully amortized with no balloon payment at the end.

At least two dozen states and the District of Columbia have active C-PACE programs in place. Those programs have resulted in more than $2 billion in private capital investment in energy-saving commercial building upgrades, according to the U.S. Department of Energy.

Connecticut was the first state to launch a C-PACE program in 2013. Since then, the state’s program has financed more than 350 green construction projects valued at over $230 million in total. Those projects have prevented an estimated 927,000 tons of carbon dioxide from being emitted, the rough equivalent of taking 185,000 cars off the road.

Some Maine developers say C-PACE will be the most significant new commercial real estate financing tool introduced in the state in decades. It can be used to finance the energy-saving features of new buildings or upgrades to existing structures. The program’s goal is to facilitate a more rapid shift toward energy-efficient buildings in Maine, where many older commercial properties such as apartments, offices and hotels lack modern energy-saving features.

Heating, cooling and lighting of buildings is responsible for 30 percent of Maine’s greenhouse gas emissions, according to the Maine Climate Council. Homes emit 19 percent, while commercial buildings account for 11 percent.

“We’re excited about the potential impact of the C-PACE program and think it’s going to help resolve significant problems in the market,” said James Neal, senior program manager of finance initiatives at Efficiency Maine.

But the C-PACE program is not without controversy. The Maine banking industry lobbied against the program’s enabling legislation and has expressed skepticism about the benefits of C-PACE financing compared with more traditional construction loans.

Under Maine’s program, a property owner’s mortgage lenders must agree to participate in any deals because C-PACE lenders get priority to collect past-due payments in a foreclosure. For that reason, it’s unclear how effective Maine’s program will be in terms of spurring green development. But developers point to banks’ acceptance of C-PACE deals in other states as cause for optimism.

Mark Stasium, director of commercial real estate lending at Camden National Bank, said the industry is still “trying to get its arms around” the potential risks and benefits of Maine’s new C-PACE program.

“As a general rule, bankers don’t like liens that have priority over our mortgages,” he said. “In a default situation, the C-PACE loan is going to have priority over the bank.”

The Maine Real Estate & Development Association (MEREDA) is hosting a breakfast panel from 7:30 to 9 a.m. Thursday, Dec. 8, at Holiday Inn By the Bay in Portland to discuss the new program. Panelists will include Michael Doty of Nuveen Green Capital, the nation’s leading C-PACE loan provider, James Neal of Efficiency Maine and Mark Stasium of Camden National Bank. The panel will be moderated by Paul Peck, founder of LWS Development and attorney at Drummond & Drummond.

Peck said Maine’s development community and property owners are thrilled the state enacted a new financing tool to help further its energy-efficiency goals.

“C-PACE will give developers and property owners another financing option, which will help get new development projects started and existing properties brought up to current energy-efficiency standards,” he said. “Given the huge spike in commercial interest rates, another financing tool is just what developers and property owners need.”

C-PACE financing is conducted through private lenders but is separate from a property’s other mortgage loans. With C-PACE financing, the responsibility for continued loan repayment is attached to the property itself and can be transferred to the property’s new owner in the event of a sale.

The building owner’s local municipality must have opted into the C-PACE program via a local ordinance, since it will be involved in attaching the debt to the property. The cities of Portland, South Portland and Westbrook already have potential C-PACE projects in the pipeline, although no local ordinances will be considered until after the rulemaking is completed.

Michael Doty, director of originations for New England at Nuveen Green Capital, said hundreds of cities and lenders in other states have come around to embracing C-PACE financing once they became more familiar with how the programs work.

He said C-PACE financing not only can help reduce Maine’s greenhouse gas emissions but also facilitate affordable housing development by making green multifamily projects feasible that otherwise wouldn’t be. Doty aims to convince more Maine lenders and municipalities to get on board.

“It can never be used in circumstances where the local bankers and municipalities aren’t comfortable with it,” he said.

 

November 29, 2022 at 8:00 am · · Comments Off on MEREDA Inducts Four Exceptional Individuals to Honorary Board as Directors Emeritus

MEREDA Inducts Four Exceptional Individuals to Honorary Board as Directors Emeritus

PORTLAND, Maine — On November 3, 2022, the Maine Real Estate and Development Association (MEREDA) inducted four exceptional individuals to their Honorary Board as Directors Emeritus. The MEREDA Board of Directors established the Honorary Board in 2003 as a way to recognize an exclusive group of individuals who, during their careers, have made significant contributions to MEREDA and to Maine’s commercial real estate industry. The induction ceremony took place during MEREDA’s 37th Anniversary Gala at Ocean Gateway in Portland.

MEREDA’s Board outlined the following criteria for individuals to be nominated to the title of Director Emeritus: nominees must have previously served as an officer of MEREDA or a member of its Board of Directors; they must be active and well-recognized in Maine’s commercial real estate industry; and they must have made significant contributions to MEREDA and Maine’s commercial real estate industry throughout their careers. This year’s Directors Emeritus Honorees include Drew E. Swenson, Dana Totman, Larry Wold, and Renee Lewis.

“Since 1985, MEREDA has been promoting opportunities that help our communities and our State thrive,” says MEREDA President Craig Young. “Reflecting on 37 years of MEREDA also means reflecting on 37 years of exceptional member volunteerism and engagement. Our four Directors Emeritus Honorees are outstanding examples of this kind of contribution; all have made an indelible mark on Maine’s real estate industry and have had a big impact on MEREDA and its mission to promote responsible development.”

For more information on each recipient, click here.

MEREDA’s 2022 Director Emeritus Honorees:
Larry Wold, Renee Lewis, Dana Totman, and Drew Swenson

October 11, 2022 at 11:17 am · · Comments Off on MEREDA Celebrates 35…. 37 Years of Responsible Development

MEREDA Celebrates 35…. 37 Years of Responsible Development

PORTLAND, Maine – The year is 1985. Larry Bird and the Boston Celtics compete in the NBA finals, President Ronald Reagan visits the city of Bitburg in West Germany, Tears for Fears tops the Billboard Charts, and the Maine Real Estate and Development Association forms in Portland, Maine at the Cumberland Club. In the years since many things have changed, but MEREDA has never wavered in its mission to promote fair and responsible development in the state of Maine. And they finally get to celebrate their anniversary – after postponing the 35th Anniversary celebration in 2020, MEREDA is thrilled to announce the event has been rescheduled for November 3rd at Ocean Gateway in Portland. The Anniversary Gala will bring together leaders from various industries related to real estate and development to celebrate how MEREDA has contributed to improving Maine’s economy and development opportunities for decades.

“It’s incredible to think how much has changed since 1985, the year MEREDA was founded. From downtown revitalization projects to the industrial boom, this volunteer-driven organization creates and supports the economic conditions vital to the success of communities across Maine,” says MEREDA President and Partner at The Boulos Company, Craig Young. “As my friend Gary Vogel, former MEREDA President, likes to say, ‘Real estate development is community development.’ For 37 years MEREDA and its members have been building and promoting opportunities that help our communities and our state thrive. I’m so grateful to be a part of this organization at this important time in our state’s history.”

When interviewed for MEREDA’s 25th Anniversary, founding MEREDA member Joseph Boulos noted that “no organization lasts 25 years unless it is effective in representing the interests of its members.” With another twelve years added to its timeline, not to mention a pandemic and tumultuous economy, MEREDA continues to prove the validity of Boulos’ remark. MEREDA now has nearly 350 member businesses, which employ thousands of Maine citizens and invest millions of dollars in the Maine economy each year. MEREDA focuses on three key areas – advocacy, education, and networking – with a mission to promote an environment for responsible development and ownership of real estate throughout the state. MEREDA accomplishes its mission through legislative advocacy, regulatory oversight, sponsorship of programs and conferences, and by serving as a unified and proactive representative for real estate and economic development interests. MEREDA has developed into a widely respected and influential voice in Augusta on real estate issues and their objective today is the same as it was when MEREDA was founded over 37 years ago.

According to Shelly R. Clark, MEREDA’s Executive Director, The 37th Anniversary Gala will be held at Ocean Gateway on November 3rd from 5 to 8pm. Tickets are available at MEREDA.org.

October 3, 2022 at 11:29 am · · Comments Off on 11.10.22 – Navigating Urban Fill and Contaminated Media in Real Estate Development – What to Expect Before and After Breaking Ground

11.10.22 – Navigating Urban Fill and Contaminated Media in Real Estate Development – What to Expect Before and After Breaking Ground

Real estate development routinely involves properties with urban fill or contaminated soil and groundwater. Fully understanding whether these conditions exist is important to the development process. With the ever-changing regulatory environment, the costs associated with managing urban fill and contaminated media affects the project’s feasibility, design, construction approach, and financing. These environmental conditions can have a significant financial impact on development projects and should be understood as early as possible.

This presentation will provide attendees with an understanding of the commonly encountered site conditions that present environmental liability, what impacts these have on financing, and how they affect the real estate development process. This presentation will provide the audience with case studies and lessons learned from projects where urban fill and contaminated media were successfully managed from the point of identification through the completion of construction.

Our panel of experts include Brian Bachmann, Project Manager & Geologist at St.Germain, Joe Dasco, Principal at Reger Dasco Properties, and Kim Twitchell, Maine Regional President of NBT Bank. MEREDA Vice President, Shannon Richards of Hay Runner will moderate the program.

Join us on November 10th!

CLICK HERE TO REGISTER!
Members: $45 each | Non-Members: $55 each | Prices increase by $10 after November 3.

Refund Policy: Your RSVP is requested by November 3. Payment is expected at the time of registration. No refunds will be granted to anyone who registers, but fails to attend or who cancels after November 3.
Pre-registration is required. No walk-ins. Registration closes at 4:00 PM on November 9, 2022.

October 3, 2022 at 10:38 am · · Comments Off on MEREDA’s Next Morning Menu Topic: Portland’s Wharfs and Waterfronts October 13th!

MEREDA’s Next Morning Menu Topic: Portland’s Wharfs and Waterfronts October 13th!

MEREDA’S Morning Menu – The Future of Portland’s Waterfront

MEREDA has invited two prominent wharf developers, Steve Goodrich, owner of Maine Wharf and Custom House Wharf, and Don Perkins, President and CEO of the Gulf of Maine Research Institute to discuss their future plans with the prominent Portland wharfs, rising sea-levels, restrictions, zoning, and much more!

Join us on October 13 as Josh Soley, President of Maine Realty Advisors and MEREDA board member sits down with these two prominent developers for a rare and valuable discussion.


About the Event:

In Person. Pre-Registration Required.

Where:
Holiday Inn By the Bay
88 Spring Street
Portland, ME

When:
Thursday, October 13, 2022

Time:
Breakfast: 7:30 – 8:00 AM
Program: 8:00 – 9:00 AM

PRE-REGISTRATION IS REQUIRED. 

Registering for this Event:
Members: $45 each | Non-Members: $55 each
Prices increase by $10 after October 6

Registration Closes at 4:00pm October 12

Your RSVP is requested by October 6. Payment is expected at the time of registration. No refunds will be granted to anyone who registers, but fails to attend or who cancels after October 6.

CLICK HERE for more information and to register.

This MEREDA Morning Menu Breakfast Event is Sponsored by Norway Savings Bank & Maine Realty Advisors

September 26, 2022 at 11:38 am · · Comments Off on MEREDA’s Morning Menu Breakfast Heads to Lewiston on October 26th

MEREDA’s Morning Menu Breakfast Heads to Lewiston on October 26th

Transforming a Neighborhood, Strengthening a City

The City of Lewiston and partner, Lewiston Housing Authority,  gained statewide attention as the smallest city in the country to ever receive the Department of Housing and Urban Development’s $30 million Choice Neighborhood Implementation grant. This resident-led transformational project in downtown Lewiston has a clear vision to take Lewiston’s Tree Streets neighborhood from that place in Maine with the highest concentration of childhood lead poisoning and families in poverty, the worst perceptions of crime and racial tension, and the State’s lowest performing schools into a lead-free, economically diverse, and ethnically and socially welcoming community where people want to live, work, play and raise a family.

Larger than the several new housing projects currently underway, this presentation will explore Lewiston’s Choice Neighborhood program and the strategic block-by-block redevelopment of its Tree Streets neighborhood which is significantly strengthening the local economy, reinstating a sense of pride, and growing opportunities for families who call this neighborhood home now and in the future.

Meet our presenters:
Chris Kilmurry, Executive Director, Lewiston Housing

Catherine Elliott, Senior Development Officer at Avesta Housing

Jacqueline Crucet, Neighborhood Development Planner, City of Lewiston, Maine

About the Event:

In Person. Pre-Registration Required.

Where:
Hampton Inn
15 Lincoln Street
Lewiston, ME 04240

When:
Wednesday, October 26, 2022

Time:
Breakfast: 7:30 – 8:00 AM
Program: 8:00 – 9:00 AM

PRE-REGISTRATION IS REQUIRED. Seating capacity is at 40. No walk-ins, please.

Registering for this Event:
Members: $25 each | Non-Members: $35 each
Prices increase by $10 after October 19

Registration Closes at 3:00pm October 19

Your RSVP is requested by October 19. Payment is expected at the time of registration. No refunds will be granted to anyone who registers, but fails to attend or who cancels after October 19.

CLICK HERE for more information and to register.

This MEREDA Morning Menu Breakfast Event is Sponsored by Norway Savings Bank.