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by George E Casey Jr., Chief Executive Officer, Stockbridge Associates, LLC General Patton said he hated paying for the same real estate twice. You should feel the same about paying for the same business lessons again in the future. Right now, things seem pretty ugly from a business and economy standpoint. That’s what bothers me. Read More
Read Moreby Brit Vitalius, Principal, Designated Broker, Vitalius Real Estate Group In 2019, we saw 1031 exchanges used even more frequently than in past years. Interestingly, the variations in the transactions illustrate a number of different ways the 1031 exchange can be used to accommodate different investment transitions. The following is an example of a dominoRead More
Read Moreby Sean Riley, President & CEO, Maine Course Hospitality Group Great Ride for Hotels I recall speaking at the MEREDA conference back in 2009. It was a tough year to begin my motivational speaking career. But what a remarkable recovery this industry has had. Looking back, Occupancy was 54.6%. This past year was the tenthRead More
Read Moreby Asha Echeverria, Shareholder, Bernstein Shur Welcome to the new decade! Though we can expect trends from 2019 to continue, the focus on the new decade and the bull construction environment will force many trends to advance by leaps and bounds. Many of these trends will create opportunities for those in the construction industry, butRead More
Read MoreBy Gordon Smith, Verrill Waterfront development in Maine is on the rise. While waterfront development has a big investment upside, it can pose additional regulatory challenges and risks. Whether you are building on coastal or inland waters, shorefront property is subject to an array of federal, state, and local environmental and land-use controls. Here isRead More
Read Moreby Justin Lamontagne, CCIM, SIOR, Partner, Designated Broker at NAI The Dunham Group Is it plagiarism if you copy yourself? I hope not, because here goes… “Vacancy rates are getting critically low. As the economy improves, Maine’s small and medium sized businesses are growing accordingly. Add to that new-to-market industries like craft brewing and medicinalRead More
Read MorePortland, ME: In a ballroom overflowing with the broad spectrum of Maine’s real estate and development professionals, MEREDA President Gary Vogel singled out five individuals at last week’s annual Forecast Conference. If tasked with building a structure, this quintet certainly would be qualified to do so: an architect, an interiors expert, a City planner, aRead More
Read MoreOver 900 of Maine’s real estate and development professionals converged on the Holiday Inn by the Bay Thursday, each one on the hunt for the latest and greatest industry information and connections. “Anyone who stayed in the office is going to have a very quiet day without much activity by phone or email,” quipped MEREDA’sRead More
Read MoreBy Mark Vitello, BerryDunn Read this if you are a solar investor, developer, or installer. The solar carve out of the Investment Tax Credit (ITC) has been a great incentive for taxpayers to invest in solar assets over the last several years. It established an increased 30% tax credit for solar assets placed in service,Read More
Read MoreBy: MaineHousing Staff Housing is a hot topic these days – from affordable housing challenges across Maine, to having enough housing for our communities and businesses to thrive, for aging Mainers, and everything in between. And no wonder – housing is key to stability and well-being. And key to our ability to effectively address housingRead More
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