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Real Estate & Construction
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Recently completed 45-unit residential complex in Cumberland to be auctioned
August 24, 2025A $1.4 million shortfall in the $24.7 million project budget cascaded into financing problems with the project’s lender.
August 24, 2025
NYC developer plans conversion of Kittery motel into affordable rentals
Updated: August 25, 2025A New York City real estate firm is making its first foray into Maine to convert a Kittery motel into 108 units of rental apartments for middle-income earners.
Updated: August 25, 2025
Statewide contractors association receives national safety recognition
Updated: August 25, 2025Established in 1991, the award program is considered to be a tool that offers members an opportunity to evaluate their safety records.
Updated: August 25, 2025
A Kennebunkport oceanfront home sells for $12M — in 90 minutes
Updated: August 25, 2025The buyer hailed from Chicago. The property was on the market for only 90 minutes. There were 10 to 12 inquiries into the listing.
Updated: August 25, 2025
Casco Bay cachet: Portland-South Portland metro ranked among top 5 US homebuilding hotspots
Updated: August 22, 2025The Portland-South Portland metropolitan area was also the only northeastern market to crack the top 10 for new construction in a barometer by Realtor.com.
Updated: August 22, 2025
Number of homes for sale in Maine increases for fifth consecutive month
Updated: August 22, 2025For the fifth consecutive month, for-sale home inventory increased, reaching the highest number since October 2020. The median price dipped from a high in May and June.
Updated: August 22, 2025
Project underway will add 200 apartments in Portland’s West Bayside neighborhood
August 21, 2025The $87.8 million affordable housing development will replace a surface parking lot on the corner of Elm and Oxford streets. It's a joint project between Avesta Housing and Reveler Development.
August 21, 2025
From an ice cream shop to a hot tub dealer, a wave of new businesses is opening in downtown Bangor
Updated: August 25, 2025The Queen City is getting a lot more interest in retail coming downtown. “People want to do business with somebody local," says one entrepreneur, capturing the sentiment in the downtown community.
Updated: August 25, 2025
Hire ground: Northern Maine employers hustle to attract — and keep — workers
Updated: August 25, 2025Across Piscataquis County, employers in sectors from health care to manufacturing and hospitality are improvising to hire and retain employees.
Updated: August 25, 2025
Building Business: High Tide Capital repurposes historic properties for modern housing
Updated: August 25, 2025Orono Lofts will be a three-story, 40,000-square-foot building at 74 Mill St. The building was originally constructed in the 1800s as a church before being converted for Byers Manufacturing.
Updated: August 25, 2025
Cumberland County single-family home sales strengthen in July
Updated: August 21, 2025June was already strong month, but July accelerated those trends. Growth was particularly strong in Portland, Gorham and Yarmouth.
Updated: August 21, 2025
Gorham agrees to sell Amazon 94 acres for $4 million — but it’s just a first step
August 20, 2025Amazon will face a site plan review before the planning board, followed by consideration by the Maine Department of Environmental Protection, the Maine Department of Transportation and possibly the Army Corps of Engineers.
August 20, 2025
A social services nonprofit with 6 Maine locations marks progress on Kennebec County site
Updated: August 20, 2025Woodfords Family Services — with locations in Brewer, Kennebunk, Manchester, New Gloucester, Waterville and Westbrook — will host an event Aug. 21 to note progress on its Manchester renovation.
Updated: August 20, 2025
To address housing shortage, Belfast gives OK to one project and considers another
Updated: August 20, 2025Belfast approved 60 units of affordable housing, while a separate proposal calls for 200 condos that would address need for "missing middle" housing.
Updated: August 20, 2025Maine Affordable Housing Conference set for Sept. 9 in Bangor
August 18, 2025Issues on the agenda for the full day conference include recent housing-related legislation, the impact of Maine's economy on home affordability and availability, and how modular and manufactured housing can help meet the state's needs.
August 18, 2025Center for Grieving Children responds to need by expanding into larger Sanford satellite location
Updated: August 20, 2025The new lease at 1209 Main St. will provide more room for both group gatherings and individual meetings. The nonprofit had previously shared space in a Sanford church.
Updated: August 20, 2025
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