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Portland’s condo market was strong in 2024. Greater Portland and Cumberland County single-family pricing continues to grow. Multifamily price increases are slowing.
Built in 1972, 75 Northport Drive had previously been owned by L.L.Bean, which used it for various operations such as a call center and for photo shoots.
Greater Portland Landmarks said it wouldn’t pursue further legal action opposing the plan, which includes razing an existing building for the museum’s expansion.
The restoration included restored windows, updated building systems, modern kitchen amenities, historic woodwork and flooring, and wood fiber insulation made by TimberHP in Madison.
Currently operating with 54 employees, the insulation manufacturer is seeking to lessen its debt via a voluntary, pre-negotiated Chapter 11 reorganization plan filed in U.S. Bankruptcy Court in Delaware.
New Hampshire has seen continued growth, and Maine bankers are seeing opportunities.
State subsidies have since 2022 helped to fund more than 200 affordable housing units. The latest round of dollars will support the creation of another 137, all in rural communities.
Three employees with experience on the Rock Row building project in Westbrook have moved into supervisory positions with the Scarborough construction company.
Residents, business owners and developers are invited to share ideas for adding new housing to the city, at a series of community gatherings.
A nonprofit development group is creating a new housing neighborhood in Boothbay, designed to be affordable to the area's workforce.
The project helps meet Gorham’s quest for diverse housing options. Young professionals and people looking to downsize are a potential customer base and workforce.
Construction included scheduling to avoid disturbing the Bicknell’s thrush, a rare bird species native to the area. Floor-to-ceiling windows include a removable bird screen.
A Kennebunkport foundation pledged support to help Habitat acquire property to build a subdivision in the greater Kennebunk region.
Spring typically brings more real estate activity. But data suggest uncertainty is taking the wheel, with inventory up but sales down — a rare divergence for the time of year.
Burke’s expertise spans office, industrial, retail and investment properties.
The goal is to equip real estate professionals with tools to elevate their businesses and lives.