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Real Estate & Construction
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West Bayside makeover continues with sale of another public works building
February 25, 2019The purchase of the building at 44 Hanover St. complements work already underway at 82 Hanover.
February 25, 2019
FAME financing propels development of Rumford hotel
February 25, 2019A 63-room Best Western hotel, that's intended to serve area lodging needs and help revitalize downtown Rumford and River Valley area, will get loan backing from the Finance Authority of Maine, whose board of directors approved 75% commercial loan
February 25, 2019
Presentation will tackle passive house historic renovation
February 22, 2019Passive house construction — super-insulated energy efficient design — is catching on in Maine, but passive house retrofit of historic buildings hasn't. PassivhausMaine is hosting a panel discussion Monday at Mechanics' Hall in Portland featuring
February 22, 2019
Federal shutdown shut down some home sales in January
February 22, 2019The recent federal government shutdown delayed suspended some real estate transactions that were dependent on federal government-guaranteed loans.
February 22, 2019
Pepperell Mill’s new apartments accompanied by rebranding
February 22, 2019New apartments in the sprawling Pepperell Mill campus in Biddeford will be available shortly, combined with a rebranding of the mill, which now has 700,000 square feet of commercial and residential space filled.
February 22, 2019
Bill to prevent municipalities from banning short-term rentals sparks strong debate
February 21, 2019The mayors of Portland and South Portland were among those testifying against a proposed bill that would block municipalities from prohibiting short-term rentals such as Airbnb, while those in favor said bans chip away at private property rights.
February 21, 2019New podcast explores Greater Portland real estate market
February 21, 2019A new podcast features Greater Portland business owners, real estate experts, mortgage loan professionals, home inspectors and contractors.
February 21, 2019
Gorham village is redeveloping, but 'there's room for more'
February 19, 2019The 70,000 mixed-use Station Square development by Great Falls Construction is the latest project in busy Gorham village, but the Gorham Downlown Alliance says there's more work to do.
February 19, 2019
Former South Portland Wendy's to house medical clinic
February 19, 2019American Family Care clinic, a national chain, will open in the Waterman Drive building this spring, with a Starbucks due to open in the summer.
February 19, 2019
Two-thirds of Scarborough Downs homes already sold
February 19, 2019Twenty-three of 30 planned single-family houses have gone under contract in a matter of days at The Downs, the new mixed-use redevelopment of Scarborough Downs.
February 19, 2019Genesis Fund receives $1.165M grant to support affordable housing
February 19, 2019The Genesis Community Loan Fund, a Brunswick-based lender, was awarded $1.165 million through the U.S. Department of the Treasury's Community Development Financial Institutions Fund.
February 19, 2019
From Saco to Bath, lots of projects in the works
February 18, 2019JHR Development LLC, which is based in Marblehead, Mass., is entering another phase with the Bath RiverWalk condominium project along the Kennebec River. Building 4, with 10 units, is under construction at 285 Front St.
February 18, 2019
Italian restaurant owner in Falmouth finds 'luck of the Irish' in purchase of the Kerrymen Pub
February 15, 2019Kerry Brothers Inc. sold Kerrymen Pub's real estate and business assets, located at 512 Main St. and 5 Horton Ave. in Saco, to TLS Properties One LLC for $1.05 million. The front of the property faces Main Street and the back faces Horton Avenue.
February 15, 2019
Bangor Savings doubles down on its waterfront expansion
February 15, 2019As Bangor Savings Bank prepares to complete its move next week into its new 117,000-square-foot operations center at 11 Hamlin Way, the bank also made a strategic acquisition of a neighboring vacant building at 36 Pleasant St.
February 15, 2019
Two historic preservation bills are aimed at economic impact
February 15, 2019Two bills in the Legislature that would make it easier to preserve and develop historic property would have far-reaching economic impact in the state, supporters said.
February 15, 2019
Artist commissions announced for Lewiston’s Hartley Block building
February 15, 2019The Portland-based developer of the Hartley Block building in downtown Lewiston will spice up the façade with two mosaic-tile works of art commissioned this week.
February 15, 2019
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