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Real Estate & Construction
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Newly created Portland task force will study how to tackle housing shortage
Tina Fischer Updated: August 28, 2025Portland’s City Council has initiated a structured approach to addressing the housing crisis with the creation of a 12-member Social Housing Task Force.
Tina Fischer Updated: August 28, 2025
A roundup of Maine's commercial real estate sales from August 2025
Laurie Schreiber Updated: August 29, 2025Every week in the Tuesday Real Estate Insider, Mainebiz compiles a list of commercial real estate sales. Here is a compilation of sales published in August 2025.
Laurie Schreiber Updated: August 29, 2025Keller Williams Portland deploys AI tools
Laurie Schreiber Updated: August 29, 2025The real estate company’s proprietary AI, built specifically for real estate, provides contacts, interactions, analysis and recommendations.
Laurie Schreiber Updated: August 29, 2025
A roundup of Maine's commercial real estate leases from August 2025
Tina Fischer August 27, 2025Every week in the Thursday Real Estate Insider, Mainebiz compiles a list of commercial real estate leases. Here are the leases we published for the month of August 2025.
Tina Fischer August 27, 2025
Owners of Bangor bakery to add apartments across the street
Laurie Schreiber Updated: August 29, 2025The owners of Frank's Bake Shop and Custom Catering, a Bangor institution for 80 years, acquired property across the street to convert into apartments.
Laurie Schreiber Updated: August 29, 2025
TV producer Dick Wolf gives $10M lead gift to MDI Hospital upgrade
Laurie Schreiber Updated: August 27, 2025The contribution — the largest from an individual in the hospital’s history — will accelerate the hospital's campus upgrade.
Laurie Schreiber Updated: August 27, 2025
University of Maine at Augusta opens nursing and cybersecurity workforce development center
Laurie Schreiber Updated: August 27, 2025The 21,000-square-foot center, across from UMA’s main campus, expands capacity for real-world training programs in nursing and cybersecurity.
Laurie Schreiber Updated: August 27, 2025
Historic Naples inn gets $700,000 reboot from new owner
Tina Fischer August 26, 2025Following a thorough refurbishing and modernization, the 160-year-old Naples landmark known as the Augustus Bove House has reopened under new ownership as the Hamilton House.
Tina Fischer August 26, 2025
Portland OKs Brighton Avenue housing complex that will add 50 affordable units
Tina Fischer Updated: August 27, 2025A joint project between Developers Collaborative and ProsperityME has received final approvals from the Portland Planning Board and secured funding to go ahead with the development of a 50-unit affordable housing complex at 1125 Brighton Ave.
Tina Fischer Updated: August 27, 2025
Six-property portfolio in Lewiston-Auburn sells for $6 million
Tina Fischer August 26, 2025The Boulos Co. coordinated the sale of 56 units in six multifamily properties in Lewiston and Auburn to North Bridge LLC.
Tina Fischer August 26, 2025
In taking on Kennebunk's White Barn Inn, new owner touts 'iconic status'
Laurie Schreiber August 25, 2025The buyer targets high-growth, supply-constrained markets to identify underutilized assets and create value for partners and investors.
Laurie Schreiber August 25, 2025
In Mount Desert, Island Housing Trust launches into next phase of housing development
Laurie Schreiber August 25, 2025The $3 million third phase will add nine homes to the Ripples Hill development, doubling its size.
Laurie Schreiber August 25, 2025
Recently completed 45-unit residential complex in Cumberland to be auctioned
Laurie Schreiber August 24, 2025A $1.4 million shortfall in the $24.7 million project budget cascaded into financing problems with the project’s lender.
Laurie Schreiber August 24, 2025
NYC developer plans conversion of Kittery motel into affordable rentals
Laurie Schreiber 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.
Laurie Schreiber Updated: August 25, 2025
Statewide contractors association receives national safety recognition
Laurie Schreiber 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.
Laurie Schreiber Updated: August 25, 2025
A Kennebunkport oceanfront home sells for $12M — in 90 minutes
Laurie Schreiber 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.
Laurie Schreiber Updated: August 25, 2025
Today's Poll
Poll DescriptionSponsored by: Kennebunk Savings Bank
With the official end of summer this past weekend, we're taking a look back at how the season unfolded.
Back in early August, we asked how the summer tourism season was going — and at the time, the majority of respondents told us it could be better. And remember, the season started very rainy and ended amid a drought.
Now that the season has wrapped up, we're checking in again to see how things ended. Did things improve? Did tourism pick up later in the summer, or did the season fall short of expectations?
The Giving Guide
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.
Learn More
Work for ME
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.
Learn More
Groundbreaking Maine
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 more-
The Giving Guide
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.
-
Work for ME
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.
-
Groundbreaking Maine
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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