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By Justin Lamontagne, CCIM, SIOR, Partner | Designated Broker, NAI The Dunham Group On January 21st Justin presented the “Industrial Market Forecast” at the Maine Real Estate & Development Association’s (MEREDA’s) 2021 Virtual Forecast Conference. Below is a modified version of NAI The Dunham Group’s Market Survey. Mike Tyson famously said, “everybody has a planRead More
Read MoreBy Frank Carr, Assistant Broker, MRA The 2020 real estate market in central Maine has faced pandemic-related challenges just like the rest of the world. The good news: while the market faced many challenges in 2020, central Maine is in a position to come out of a tough year and make 2021 a year to remember.Read More
Read MoreBy Dave Holman, Broker, RE/MAX Riverside Commercial On January 21st Dave Holman, Broker at RE/MAX Riverside Commercial, presented the “Midcoast Maine Market Forecast” at the Maine Real Estate & Development Association’s (MEREDA’s) 2021 Virtual Forecast Conference. Below is a synopsis of his presentation. There’s something exciting happening in Maine’s Midcoast. While much of the fervorRead More
Read MoreBy Peter Harrington, Partner & Associate Broker, Malone Commercial Brokers On January 21st Peter Harrington, Malone Commercial Brokers, presented the “Greater Portland Retail Forecast” at the Maine Real Estate & Development Association’s (MEREDA’s) 2021 Virtual Forecast Conference. Below is a synopsis of his presentation. 2020 brought rapid, unprecedented change across the retail industry, potentially alteringRead More
Read Moreby: Laura A. Rideout, Partner, Preti Flaherty Article originally published on November 13, 2020 Fittingly, “Vacation Land” is among a small contingent of states that have a paid leave law on the books. Maine, however, is somewhat unique in that the paid leave afforded under the new law can be used for any purpose, including emergency,Read More
Read MoreBy Dava Davin, Founder + CEO, Portside Real Estate Group Article originally published December 4, 2020 When we first saw headlines about COVID-19 in early 2020, we had no idea what it would mean for Maine and the immense ways it would change our lives. We have seen loss, and wrestled with hard choices forRead More
Read MoreIn many ways, the beginning of 2020 was the best of times for commercial lenders – stable rates, lots of deal flow and few loan delinquencies. That would quickly deteriorate by March/April due to the worldwide Coronavirus pandemic, to one of the worst public health and economic crises in modern history. “Coming into the pandemic,Read More
Read MoreOn January 21, 2021, the Maine Real Estate & Development Association (MEREDA) recognized five exceptional individuals for their significant and lasting contributions to real estate development in the state of Maine. The awards were presented via a video presentation at this year’s annual Forecast Conference. William Shanahan of Scarborough was selected for the Robert B. PattersonRead More
Read MoreOn Thursday, January 21, over 500 of Maine’s real estate and development professionals gathered virtually to learn about the latest insights on the real estate economy at the Maine Real Estate & Development Association’s (MEREDA’s) annual Forecast Conference and Member Showcase. “This is an event people look forward to every January. You learn a lotRead More
Read Moreby: Sam LeGeyt, Broker, NAI The Dunham Group “Bump in the Road” is unfortunately a sign that most Mainers have seen many times before. As Mainers we’re not uncomfortable with it, because we know that things in Maine rarely swing too far from our realm of comfort. Although there are certainly uncomfortable situations ahead, mostRead More
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