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Successful CEO’s Look Back to Prepare Forward

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

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Vital Ideas – The 1031 Dominoes

by 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

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What’s Up in the Hotel Business?

by 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

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Construction Trends in 2020

by 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

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The Risks and Regulations Associated with Waterfront Development in Maine

By  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

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Stop me if you’ve heard this before

by 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

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Maine Real Estate & Development Association (MEREDA) Recognizes Outstanding Members with Annual Awards

Portland, 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

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Safe Harbor Options for Taxpayers as the Solar ITC Begins to Sunset

By 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

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Perceptions of Housing in Maine

By:  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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