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Maine newspapers and radio and television stations, as well as national publications like The Wall Street Journal, seek out MEREDA leaders for comments on issues of concern to the commercial real estate industry. Check out some recent recent articles and news releases below
Investors and retirees worried about the volatility in the stock market might take heart that economic indicators show a generally positive economy nationwide in 2019, with some notable exceptions.
One in two jobs in Maine is in hospitality, but hotels are finding it increasingly difficult to find staff because visa workers, which make up 10 percent of the workforce in high tourist season, cannot find lodging in the expensive apartment markets statewide.
Development in southern Maine continues to be strong, although somewhat tempered compared with the last two years. That was the takeaway from a daylong conference for real estate and development professionals Thursday at the Holiday Inn by the Bay. Presenters talked about trends they saw last year in residential, office, industrial, hospitality and retail realRead More
A report released on Thursday finds that Maine’s real estate market remains strong but is showing signs of slowing.
The Maine Real Estate and Development Association’s annual outlook conference attracted more than 1,000 people on Thursday. Coming off a particularly strong year, the forecast in various sectors was cautiously optimistic. There is business on the books for contractors, home prices are still on the rise and commercial and industrial space are in demand. TheRead 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
The 2017 Tax Cuts and Jobs Act created a bi-partisan tax incentive program based on economically distressed Opportunity Zones. Investors in Qualified Opportunity Zone businesses now have the ability to defer, and to some extent eliminate, recent capital gain income, by properly investing their gain proceeds. Gov. LePage has designated 32 Opportunity Zones in MaineRead More
Safe, affordable housing is a basic human need. It can lower stress, bolster health and reduce transiency, enabling children to perform better in school, adults to retain jobs, and neighbors to feel connected and safe. Unfortunately, Maine is experiencing a fundamental mismatch between its housing stock and its housing needs, and that mismatch is creatingRead 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
On Thursday, January 17, 2019, nearly 900 of the state’s leading real estate experts will gather in Portland at MEREDA’s Annual Forecast Conference and Member Showcase sponsored by TD Bank. Real Estate continues to be a significant driver of the Maine economy and the MEREDA Forecast Conference provides an opportunity for industry luminaries to share theirRead More