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Real Estate & Construction

Another Westbrook mixed-use property changes hands

Bernard Willimann, a Yarmouth resident who owns the management company Coastal Nest in Portland, is finding Westbrook to be a happening place for turning distressed properties into attractive rentals...

Unifying 'town' and 'gown': Colby College President David A. Greene spearheads $65M investment effort

Lori Valigra |

Before his official inauguration as president of Colby College in July 2014, David A. Greene accepted the college's board of trustees' invitation to attend a committee meeting on...

Bayside Bowl completes multimillion-dollar expansion

Bayside Bowl has completed its 10-month, multimillion-dollar expansion in Portland that includes new amenities and a rooftop solar system.

Sunday River Golf Club sells at auction

Newry Holdings of Portland purchased the Sunday River Golf Club at auction Wednesday for $700,000.

Maine mortgage rates seen rising slightly after Fed move


Despite the March 15 rate hike by the Federal Reserve and signals of further gradual increases, experts say that Maine homebuyers can expect mortgage rates to rise only slightly.

Some well-known inns put up 'for sale' sign

Laurie Schreiber |

With the tourism season around the corner, a few prominent Maine inns are on the market.

Calais forms TIF district to boost growth

The Calais City Council has approved a tax increment financing district that includes much of the downtown as well as other lots to spur economic development.

Former Tim Hortons site will become Dunkin' Donuts

Laurie Schreiber |

A former Tim Hortons site for sale in Augusta and on the "a.m." side of the street finds a ready buyer in a Dunkin' Donuts franchisee looking for a high-traffic-volume location.

Report: Maine Mall’s J.C. Penney store could face closure

J.C.Penney’s South Portland store is among 39 earmarked by an analyst for possible closure.

Auburn medical tourism stalls for lack of investors

A $40 million proposal to create a Chinese medical tourism facility in Auburn has stalled, with its backers saying the project is still looking for investors to proceed.