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Real Estate & Construction
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Colliers Engineering & Design opens second Maine location
Updated: March 6, 2023The Biddeford location will help support clients in the southern Maine and New Hampshire Seacoast regions.
Updated: March 6, 2023
$3.2M sale of Bar Harbor Gilded Age hotel was a year in the making
Updated: February 26, 2023The Cleftstone was one of the few Bar Harbor mansions to escape a devastating fire in 1947. Both the sellers and the buyer own a number of local hotels.
Updated: February 26, 2023
Island Housing Trust receives $10K donation through Knowles Co. rental program
Updated: February 26, 2023Homeowners who offer their Mount Desert Island homes for rent agreed to donate a portion of their earnings to support Island Housing Trust’s workforce housing mission.
Updated: February 26, 2023
Real Estate Insider notebook: Buying or renting, Maine is still tight home market
Updated: February 23, 2023Lack of inventory is still the story with Maine residential real estate. On the sales side, median sales prices have remained high and, on the rental side, vacancy rates are among the lowest in the nation.
Updated: February 23, 2023
$18.5M commercial transaction largest in recent Augusta history
February 22, 2023The deal to sell the 317,400-square-foot Central Maine Commerce Center complex is especially notable given the nationwide work-from-home trend and a shifting capital markets environment that has seen higher borrowing costs.
February 22, 2023
On Mount Desert Island, workforce housing will be paired with conservation land
Updated: February 22, 2023The initiative is driven by real estate values that have climbed sharply on Mount Desert Island, and access to year-round housing that is affordable has become increasingly challenging for many people who work on the island and earn an average
Updated: February 22, 2023
National Park Service will invest $33M in Acadia maintenance facility
Updated: February 22, 2023The existing maintenance building dates to the 1960s, and is structurally unsound, undersized and inadequate for the workload, particularly given the considerable growth of the park’s staff, operations and number of visitors.
Updated: February 22, 2023
NH couple with hospitality background buy one of Maine’s oldest inns
Updated: February 20, 2023The purchase was financed through a “rollover for business startups,” which allows investors with 401(k)s and Individual Retirement Accounts to use the funds to buy a business and pay start-up costs.
Updated: February 20, 2023Newsworthy people and performances for Feb. 20, 2023
Updated: February 17, 2023A roundup of new hires, promotions and achievements from companies and nonprofits around Maine.
Updated: February 17, 2023
Real Estate Insider notebook: Sugarloaf starts expansion; Loring Commerce Centre inks deal
Updated: February 16, 2023Sugarloaf's planned $104 million expansion of the West Mountain gets started, while a deal at Loring Commerce Centre could mean up to 600 housing units.
Updated: February 16, 2023
Cianbro co-founder Ken Cianchette remembered as a 'pragmatic doer'
February 13, 2023Ken Cianchette cofounded Cianbro Corp, Maine's largest construction company, and lived much of his life in Pittsfield, where he served on the town council, planning board, industrial park board and school board.
February 13, 2023
Portland tops another 'best places to live' national list
February 13, 2023Even as home prices surge and affordable housing gets increasingly scarce, Portland is racking up the accolades, this time from Travel + Leisure magazine.
February 13, 2023City + Harbor Real Estate donates to lobster industry defense fund
Updated: February 13, 2023The group’s founders both have roots in the lobster industry. The Maine Lobstermen’s Association is raising $10 million to challenge federal regulations.
Updated: February 13, 2023
Real Estate Insider notebook: The Armature, Bath housing program, PassivhausMaine conference
Updated: February 9, 2023A roundup of real estate news includes a newly named apartment building in West Bayside, extension of a Bath Housing program, a Freeport conference hosted by PassivhausMaine and news on the housing market.
Updated: February 9, 2023
Greater Portland Landmarks sells historic headquarters to Portland design-build firm Woodhull
Updated: February 6, 2023The 19th-century structure was built as a home for a shipping merchant. The seller has its eye on potential new headquarters. For the buyer, the spot is a place to grow.
Updated: February 6, 2023
Portland real estate firm Hay Runner brings another design specialty in house
February 3, 2023The merger will give East Pine Plant Interior Design an opportunity to leverage Hay Runner's systems and architecture, interior design and craftsmanship resources.
February 3, 2023
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