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Real Estate & Construction
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ERA Dawson Bradford Realtors nominated for national award
Updated: June 19, 2023ERA Dawson Bradford Co. was also named as a Gold Company within ERA, placing the agency in the top 50 agencies for ERA nationally.
Updated: June 19, 2023
Hotel group scoops up Saco dorm to help with workforce housing
Updated: June 19, 2023Rooms were filled immediately after the sale closed. The company plans to convert the building this winter from a dormitory set-up to six independent units.
Updated: June 19, 2023
Maine AFL-CIO construction training 'academy' aims to diversify workforce
June 15, 2023The first cohort included people in pre-release or re-entry programs, asylum-seekers from the Democratic Republic of Congo, Angola and Togo, and refugees from Afghanistan.
June 15, 2023
Pace of home construction has slowed in Maine, but not as much as you might expect
Updated: June 15, 2023Projected through 2023, Maine is on pace to issue 4,716 building permits, which falls well short of the 7,105 issued last year. But the number would be right in the thick of pre-pandemic numbers recorded in 2017-19.
Updated: June 15, 2023
Augusta real estate portfolio bought for $5.75M in 2020 turns over for $13M
June 14, 2023The seller invested about $2 million in capital improvements since 2020. The buyer plans to invest about the same for the middle-income rental market and expects a great return for investors.
June 14, 2023
Affordable and market-rate rentals at Lewiston development lauded as 'crucial initiative'
June 12, 2023The Picker House is a 79,000-square-foot building built in the center of the Continental Mill complex, to be developed by Szanton Co. Rents for the workforce units will range from $700 to $1,100, while market-rate units will be $1,050 to $1,450.
June 12, 2023
RE/MAX Shoreline hosts fundraiser for hospital
Updated: June 12, 2023Over 200 people attended the launch party. The agents and agency made a donation in honor of each attendee.
Updated: June 12, 2023
Apartment building turnover illustrates Westbrook’s strong investor market
Updated: June 12, 2023The price appreciation of $320,000 over the past two years illustrates a strong investor market and the continuing rise of property values despite an uptick in interest rates.
Updated: June 12, 2023
Lewiston overhauls zoning ordinances to spur development, ramp up housing
Updated: June 8, 2023Rules have been updated for accessory dwelling units, backyard chickens, home businesses and multi-family units, among other types of dwellings.
Updated: June 8, 2023
Building Business: Housing takes center stage, with larger projects underway
Updated: June 12, 2023A number of the larger commercial projects underway around Maine are related to multifamily housing. Here's a sampling from Kittery, Falmouth and Lewiston.
Updated: June 12, 2023
Skowhegan in the spotlight with $65M New Balance expansion
Updated: June 8, 2023Green Leaf Construction, of Leonminster, Mass., will lead the design and construction of a $65 million expansion of the Skowhegan New Balance factory.
Updated: June 8, 2023
A roundup of Maine commercial leases for the month of May 2023
June 7, 2023A roundup of commercial leases from throughout Maine in the month of May 2023.
June 7, 2023
Acadia to commission design for workforce housing development
June 6, 2023The park has eyed the parcel for employee housing development since the 1960s. In total, Acadia and its partners need 125 to 150 beds to support employees.
June 6, 2023
Hallowell engineering firm eyes northern Maine market with expansion to Bangor
Updated: June 6, 2023The Class A office building, redeveloped from a freight terminal, has filled with tenants in recent years. Quality office real estate is strong in Bangor, said one broker.
Updated: June 6, 2023
New life for historic Lubec church acquired for $85,000
Updated: June 2, 2023Removal of century-old tin panels uncovered original trompe-l'œil stenciling. Four 2,000-pound steel I-beams were Lincoln-logged into place with an engine hoist.
Updated: June 2, 2023
Real Estate Insider notebook: Szanton plans 72 apartments in Lewiston; Gorham grants; a 'funky' boutique
Updated: June 1, 2023Szanton Co. plans a 72-unit mixed-income conversion of a 19th-century mill in Lewiston; Gorham launches a facade-improvement program; the Old Port welcomes a boutique with New Hampshire roots.
Updated: June 1, 2023
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