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Real Estate & Construction
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Vitalius Real Estate opens midcoast branch office
Updated: October 30, 2023The branch office will be in downtown Bath, at 129 Front St. It will initially be staffed with five brokers.
Updated: October 30, 2023Two Westbrook companies fined for failing to warn tenants about lead paint
October 27, 2023The settlement includes a penalty and supplemental lead-based paint abatement projects. Two of four units were leased to families with children.
October 27, 2023
Frank talk about running a family business: The good, bad and surprising from 4 Maine firms
Updated: October 30, 2023For the lowdown on how leadership works in family-owned businesses, Mainebiz checked in with four family-owned enterprises and two smaller ones across the state.
Updated: October 30, 2023
After slow start, condo building on end of Portland's East End reaches finish line
Updated: October 26, 2023With 45 condos, 218 Washington Avenue — both the address and name of the property — is aimed at young professionals and empty-nesters looking to come back to the city.
Updated: October 26, 2023
Portside Real Estate raises $22,000 for Maine Audubon
Updated: October 30, 2023Most of the money will be used to increase diversity, equity and inclusion efforts, to expand environmental education and literacy programming.
Updated: October 30, 2023
Sim City Golf to add locations in Bangor and Old Orchard Beach
Updated: October 30, 2023Golf pro Brian Bickford, owner of Sim City Golf in Westbrook, plans to open Bangor and Old Orchard Beach locations by Nov. 1.
Updated: October 30, 2023
Visitor center for national wildlife refuge to break ground in Kennebunk
Updated: October 24, 2023The architect was Oak Point Associates of Biddeford, while Benchmark Construction of Westbrook will build the facility. It's expected to open to the public in the spring or summer of 2026.
Updated: October 24, 2023
Northern Light Health partners with developer on Bangor housing for visiting doctors, nurses
Updated: November 2, 2023The health care system, which cites the housing shortage as an issue in recruiting, partnered with High Tide Capital on the historic renovation of a downtown Bangor building that will have 20 apartments. The building will open in early November.
Updated: November 2, 2023
$2.25M sale is Portland’s highest for two-family home in 2023, so far
Updated: October 23, 2023Benchmark Real Estate claims Portland’s highest and second-highest two-family home sales for 2023. Both homes are on Munjoy Hill.
Updated: October 23, 2023
Waterfront restaurant in Stonington sells to long-time Bar Harbor restaurateurs
Updated: October 23, 2023The nearly turnkey opportunity came with a large dock system, including a dining dock that seats 72. A 1031 exchange made the purchase possible.
Updated: October 23, 2023
MEREDA schedules annual forecast conference in February 2024
Updated: October 23, 2023Along with a new date, the 2024 conference will have a new afternoon format to allow attendees to choose between various presentations.
Updated: October 23, 2023
California real estate firm brokers self-storage deal in Kennebec County
Updated: October 23, 2023Listed for a combined $4.5 million, the facilities have 45,690 rentable square feet with room for expansion.
Updated: October 23, 2023
Even with more homes for sale in Maine, prices rose again last month while sales fell
October 20, 2023The number of prospective buyers in September continued to outpace the number of sellers, the Maine Association of Realtors reported. The number of homes for sale is still far below pre-pandemic levels, which is driving prices upward.
October 20, 2023
A Portland developer’s rebrand reflects a wider scope of business
October 19, 2023Founder Tom Watson and CEO John Laliberte felt the real estate development firm named after Watson needed to provide a more accurate picture to the industry. “We said, ‘It’s time. Let’s start thinking about how to position ourselves,'” said
October 19, 2023
Boutique boomlet in Biddeford? A second high-end hotel may open in trending Maine city
Updated: November 6, 2023A vacant downtown building may be converted into a hotel, but the luxury lodging faces some hurdles. And oh yes, Biddeford already has one.
Updated: November 6, 2023
Auburn unveils plans for mixed-income housing project
Updated: October 17, 2023Home ownership is an important goal for the Winter Oaks Housing Development. “We wanted people to be local, to have a buy-in as property owners,” said one city planner.
Updated: October 17, 2023
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