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Dava Davin, Principal, Portside Real Estate Group Will technology make real estate transactions a whole lot easier? The number of single-family home transactions in Maine has been flat for the last three years and is not expected to increase any time soon. This is a reflection of the economy, age of Mainers, and an inventoryRead More
How the Right Workspace Can Help Your Recruiting Efforts by Jessica Estes, Partner, Broker, The Boulos Company As of August, the unemployment rate was 2.4% in Cumberland County, Maine. At this level, economists will tell you that everyone who wants a job has one. So attracting talent means, in most cases, attracting people who already have jobs.Read More
by Justin Lamontagne, CCIM, SIOR, Partner, Broker at NAI The Dunham Group My mind wandered recently while on a long solo drive, as it often does. I had the music cranking and, in typical Maine fashion, cell phone coverage was spotty. It was nice to effortlessly jump from thoughts of the holiday season with myRead More
Kenneth E. Rubinstein, Attorney, Preti Flaherty Ben Piper, Attorney, Preti Flaherty Cordelia Pitman, Director of Preconstruction Services, Wright-Ryan Construction Identifying the right construction project delivery method is critical to successful execution. Three of the most common delivery methods are Design-Bid-Build, Construction Manager (CM) at Risk, and Design-Build. Each of these methods has benefits and drawbacks.Read More
A record of nearly 1000 of Maine’s real estate professionals gathered on January 17 to hear experts give statewide economic projections at the Maine Real Estate & Development Association’s (MEREDA)’s annual Forecast Conference, sponsored by TD Bank, in Portland. In addition to a daylong event featuring economic overviews by region and by industry, the 2019Read More
The MEREDA Index, a key economic indicator for the state of Maine, was presented yesterday at the Maine Real Estate & Development Association’s (MEREDA) 2019 Annual Forecast Conference. While the Index was little changed in the last six months, declining by 0.2% since the first quarter of 2018, the individual components of the Index—commercial, residential,Read More
In multi-part series, exclusive to the Maine Real Estate Insider, we’ll provide an up-close look at the most notable commercial development projects of the past year that are helping to fuel Maine’s economy in terms of investment and job creation. MEREDA is proud to recognize responsible development based upon criteria including environmental sustainability, economic impact,Read More
By Hannah E. King and Edward (Ted) Kelleher, Attorneys at Drummond Woodsum. The marijuana industry poses profitable possibilities and serious challenges to the real estate industry. As Maine continues to work on the regulatory structure of its recreational marijuana marketplace, a land rush has already started as businesses begin to position themselves for legal marijuanaRead More
In multi-part series, exclusive to the Maine Real Estate Insider, we’ll provide an up-close look at the most notable commercial development projects of the past year that are helping to fuel Maine’s economy in terms of investment and job creation. MEREDA is proud to recognize responsible development based upon criteria including environmental sustainability, economic impact,Read More
Strategic considerations in allocating risks of Tariffs, price escalation and supply chain disruptions in construction contracting By: Robert Ruesch, Esq., Verrill Dana, LLP Compared to where we were ten years ago, the real estate and construction segments of our economy are booming. The uptick in development in hotels, condominiums, apartments and commercial facilities, particularly inRead More