MEREDA’s Morning Menu Breakfast Event – “Real Estate Development 101”: What You Need to Know

The development process brings together a number of diverse professionals: bankers, brokers, architects, engineers, etc. Developers themselves come from a number of different disciplines, and also work with a number of these same professionals along the way. But, how does one actually get started?

Maine Real Estate & Development Association To Host Annual Spring Networking Social Event

Are you already thinking about Spring? All of us at MEREDA sure are! Why not make plans now to join us on the first day of Spring 2014 at Ri Ra Irish Pub & Restaurant for MEREDA’s Spring Social!Join us for Hors d’ oeuvres, Spirits, and Great Conversation as we welcome Spring to Maine on March 20!

MEREDA’s Morning Menu Breakfast Event – The ABC’s of Navigating Historic Masonry Building Restoration Using Historic Tax Credits

Join the Maine Real Estate & Development Association (MEREDA) for breakfast on March 4, 2014 from 7:30 – 9:00 AM at  the Holiday Inn By the Bay in Portland for a  presentation that will address one of the most important tax incentives available to real estate developers, while providing a specific strategy on how to address the task of rehabilitating historic masonry.

MEREDA Announces 2014 Award Winners

Drew Sigfridson, president of the Maine Real Estate & Development Association (MEREDA), the state’s leading organization for commercial real estate professionals, announced the 2014 winners of awards presented at MEREDA’s Annual Real Estate Forecast Conference. The conference was held  on January 23 in Portland in front of a nearly 700 attendees.

“These awards are a way for us to say thank you to some of the many people who have kept this organization so strong and vital.”

A bright economic future is on Maine’s horizon

The economic forecast for Maine is looking bright according to experts at the Maine Real Estate & Development Association’s (MEREDA) annual Forecast Conference on January 23 in Portland. The day-long event featured a welcome address from Sen. Angus King and nine forecast presentations about which areas of Maine’s economy are expected to grow in 2014, all in front of a standing room-only crowd gathered in Portland.

Initial projections show Portland and Bangor markets should grow substantially.

“The data we’ve tracked suggests the greater Portland industrial market has fully rebounded from the recession. We’re seeing historically low vacancies and increasing lease rates,” said Justin Lamontagne, a broker with NAI / The Dunham Group who gave the Southern Maine industrial forecast. “For the first time in years, there is a shrinking divide between buyers and sellers making deals easier.”

The outlook for Bangor is equally positive, according to Tanya Emery, the City of Bangor’s director of community and economic development. “Mixed used development in Bangor is hot,” Emery said. “With major developments in retail, hospitality and healthcare, Bangor’s growth is no surprise as the city continues to offer great return on investment as a value market with even more growth potential. And, as inventory shrinks, we expect to see strong opportunities in Hampden, Orono and surrounding areas.”

MEREDA’s Morning Menu Breakfast Event – Cashing in on the New Regulations: Real Estate Tax Planning

Make plans to join the Maine Real Estate & Development Association (MEREDA) on February 12 from 7:30 – 9:00 AM at Hollywood Casino Hotel in Bangor for an informative overview of how cost segregation and asset baseline studies can offer significant immediate and future tax benefits.

MEREDA’s Morning Menu Breakfast Event – “Make Your Deal Work with New Markets Tax Credits”

The federal new markets tax credit program has been utilized by developers over the past 12 years to finance a variety of projects being built or rehabbed in certain “low-income communities” throughout the country.  In 2012, Maine created its own new markets tax credit program to piggyback on the federal program and drive additional capital into high unemployment or low-income areas of the State.  These programs are complex, but they are capable of bringing low-cost capital to projects that can make the difference between getting your project built or not. 

Join the Maine Real Estate & Development Association (MEREDA) for breakfast on February 4 from 7:30 – 9:00 AM at  the DoubleTree by Hilton, in South Portland as our panel of experts explain the basics of new markets tax credit financing and what to expect if your project qualifies.

MEREDA Elects Jason Favreau to Board of Directors

Jason Favreau of Westbrook has been elected to the board of directors of the MEREDA. Jason is a Principal in the Tax Services Group at BerryDunn and specializes in providing consulting and compliance services to clients in a variety of industries including real estate development, hospitality, and long-term care.

MEREDA’s Morning Menu Breakfast Event – “Real Estate Development 101”: What You Need to Know

The development process brings together a number of diverse professionals: bankers, brokers, architects, engineers, etc.  Developers themselves come from a number of different disciplines, and also work with a number of these same professionals along the way.   But, how does one actually get started?

Make plans to join MEREDA for breakfast on December 5 at the Portland Regency Hotel as a developer, a banker, and an architect walk through the typical process of a development timetable. 

MEREDA’s “Morning Menu” Environmental Update Breakfast Event:

Make plans to join the Maine Real Estate & Development Association (MEREDA) on October 29, 2013 from 7:30 – 9:00 AM at the Clarion Hotel in Portland, ME for an update on the new 2013 ASTM standard and the EPA rulemaking which is creating unfortunate new issues, recent legal developments on AAI/Due Diligence, and the EPA Tenant Liability Guidance.