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The median home price on Mount Desert Island in 2022 was $646,125, while the median household income on MDI in 2022 was $75,889 — less than half of what would be needed to afford such a home.
The business dates back to before the Exit Realty name, when Jane Thomas’s father was known to hold office hours in front of the Sanford Trust Co. building.
The contest aims to inspire creativity among children of all ages.
Originally listed at $6 million as a single portfolio, the properties yielded a combined $6.376 million when split into individual listings.
Cumberland County remained Maine's most expensive market in August, with a median sales price of $550,000, while Aroostook County remained the most affordable, with an MSP of $151,000.
Misty Parker, assistant director of economic and community development, received Avesta's Mission Champion Award, which recognizes "an individual or organization who has made significant contributions to the promotion and provision of affordable
The $30 million expansion promises to advance Bigelow Laboratory’s education and "solutions-focused" work with teaching labs, research facilities and a 300-seat forum, which will also be a resource for the community.
In recognition of the $250,000 gift from the Prentice Organization for USM's new McGoldrick Center for Career & Student Success, there will be a Prentice Board Room on the center's second floor.
Lynne Roche, who joined the Avesta Housing Advancement Committee in 2019, began her career as a development officer at Harvard University.
Mark McClure, a Miami developer who grew up in Cape Elizabeth, has closed on a $24 million loan for the ongoing construction of his high-end, 45-unit condominium complex in Cumberland Foreside. Financing came through a new program in Maine, C-PACE.
In the 1980s, the seller made candies, expanded to pizza, then started a restaurant and pub, everything made from scratch. The buyers bring a Southern flair to the menu.
The funding comes from a forgivable loan program for businesses and nonprofits, through the Finance Authority of Maine.
Sept. 26 will be the last day for the Maker's Galley on Portland's East End.
Over the past six years, Nick Lucas has focused on the central Maine market and has had success selling multifamily complexes, office buildings and industrial properties.
Lajoie Brothers and WBRC Architects/Engineers completed the $5 million expansion of the Children’s Center in Augusta. Elsewhere in Augusta, Sheridan Construction has been named general contractor for the Kennebec Valley Humane Society expansion.
By relocating its College of Osteopathic Medicine to new space being built in Portland, UNE will be able to admit more students and bring together the health profession programs onto a single campus.