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Eric Chinburg, president of Chinburg Properties in Newmarket, N.H., bought the 460,000-square-foot Hill Mill in Lewiston in an off-market deal. Existing tenants provide an income stream and available space offers the potential for creative layouts
Habitat for Humanity of Greater Portland will team up with the South Portland Housing Development Corp. to build eight energy-efficient homes, to be sold with affordable financing to qualified families.
A 122-room Element by Westin hotel is slated to open in 2022 at Rock Row, the sprawling mixed-use complex now under construction in Westbrook.
Health care system officials say the 50,000-square-foot, $35 million center is necessary to combine functions in the hospital's aging buildings and make care more efficient for patients.
Residential Mortgage Services hit a milestone for its business during 2019, generating $5 billion in loans for the first time.
The volume of sales for single-family homes and the median sales price were at all-time highs in 2019, according to the Maine Association of Realtors.
To be successful, real estate agents must possess a set of foundational skills common in any top salesperson. A guest expert writes about what they are, and how to develop them.
Urgent care, a growing field of on-demand health care, is opening up opportunities in Maine for entrepreneurs, builders and developers. The state had 45 urgent care clinics at last count, and more are on the way.
The repurposing of a student residential complex, built in 2008 but with limited success since then, may help Portland address the "missing middle" in its housing needs.
Landry/French will manage construction of WEX’s $50 million operations center, Bowman and Benchmark are both busy, and the MEREDA conference gives a temperature reading on residential real estate.
Listening to the speakers at the recent MEREDA event, the outlook conference that's annually among Maine's most significant business events, there seemed to be more optimism than last year.
Less than two years after it opened, SoPoCo.Works has completed its phase two expansion, including a large podcasting studio, as the waiting list for private offices grows.
The governor, in her state of the state, vows to sign bill that would double the number of affordable housing units in the state; MEREDA gives awards to five individuals; Pine Tree Curling still seeks home ice.
A group of southern Maine investors was looking for long-term properties in strong growth communities in and around Greater Portland. They found it at a retail center in Topsham, where a former sports center was adapted for retail use.
Husson University of Bangor said it has raised $38 million in cash and pledges in its first-ever comprehensive capital campaign as it looks to break ground on a new College of Business building this April.
Nearly 1,000 real estate brokers, developers and others in the field gathered Thursday for the annual industry forecast and look back at 2019.
Sponsored by Kennebunk Savings Bank
Next year will bring a host of new challenges for businesses looking to add employees to the payroll.
Maine's Paid Family and Medical Leave law will go into effect, which will allow an employee to take paid leave for up to 12 weeks to care for an ill family member or new child, for instance.
The state's minimum wage will increase by 45 cents an hour, to $15.10 (a separate minimum wage provision was approved in Portland that will raise the hourly compensation to $19 within three years).
And rising health care premiums will continue to be a struggle for employers.
For companies that plan to grow, all of these factors will have to be managed.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
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Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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