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Real Estate & Construction
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Real Estate Insider notebook: 800 housing units for West Bayside; MaineHousing's outlook and more
January 25, 2023A roundup of real estate news, including news from Port Property, MaineHousing, the town of Fairfield, Cousins Maine Lobster and what's left of Olympia Sports.
January 25, 2023
CertaPro Painters settles with EPA for allegedly violating lead-based paint rules
January 25, 2023The company pays a $16,636 fine to the EPA for allegedly violating a rule about lead paint repair and renovations designed to shield children from the health risks of exposure to lead paint. In the settlement reached between the two parties, the
January 25, 2023
Single-family home sales continue slow slide, but prices rose 12%
Updated: January 23, 2023Maine's housing market was mixed in 2022. The year ended with just over 16,800 homes sold, a decline of 17.49%, but the median sales price was $335,000, an increase of 12.04%.
Updated: January 23, 2023
F.W. Webb, distributor of construction supplies, plans major expansion in Lewiston
January 19, 2023The distributor plans to move into a 70,000-square-foot space on Lexington Street this fall. The site will house a warehouse and a 6,000-square-foot showroom.
January 19, 2023
Stirring the pot: Portland sees a wave of new restaurants and expansions
Updated: January 23, 2023While still grappling with industry-wide staffing and supply-chain shortages, Portland’s restaurants are on the rebound. There has been a host of new investments in Maine's largest city, which is home to more than 500 licensed eating and drinking
Updated: January 23, 2023Southern Maine’s economic engine needs worker housing
Updated: January 23, 2023Maine companies, even going into an apparent economic slowdown, are still hiring and still looking for a skilled workforce, if not top-tier managers. Finding housing for those employees is getting harder and harder, with fewer homes on the market.
Updated: January 23, 2023
Lewiston has several projects in the works
January 18, 2023In Lewiston, Hebert Construction has nearly 150 housing units under construction, and elsewhere in town Museum L-A is raising money for its new space, a conversion of the Camden Yarns mill.
January 18, 2023
A former Maine Veterans’ Homes site in Augusta will become home to arts academy
Updated: January 16, 2023Maine Arts Academy bought 310 Cony Road in Augusta from Maine Veterans’ Homes for $3.25 million.
Updated: January 16, 2023
Incoming head of Maine Association of Realtors brings expertise in rural properties
January 13, 2023It’s expected that Carmen McPhail’s expertise in rural Maine will lend a new perspective to Maine’s real estate industry’s issues and changes.
January 13, 2023MaineHousing reports record 2022 volume in its First Home loan program
January 12, 2023The agency purchased First Home loans valued at $177.7 million, up from $152 million in 2021. Record home prices contributed to the growth.
January 12, 2023
Building sites and studio mics: MEREDA launches monthly podcast
Updated: January 12, 2023"MEREDA Matters" is an audio show that promises "to highlight the people, stories and relationships behind the responsible real estate development happening in Maine."
Updated: January 12, 2023
Maine's commercial real estate sales for the month of December 2022
Updated: January 11, 2023Every week in the Tuesday Real Estate Insider, Mainebiz runs a list of commercial sales provided by individual brokerages. This is a compilation of sales that ran in December 2022.
Updated: January 11, 2023
Maine's commercial real estate leases for the month of December 2022
Updated: January 11, 2023Every week in the Thursday Real Estate Insider, Mainebiz runs a list of commercial leases provided by individual brokerages. This is a compilation of all the leases that ran in the five Real Estate Insiders in December 2022.
Updated: January 11, 2023
Woodlands Senior Living in Bridgton opens to first memory care residents
Updated: January 10, 2023The 48-bed, 24,000-square-foot facility cost around $10 million to build. Amenities include large, comfortable spaces where residents can socialize, abundant natural light, an onsite salon and a large courtyard.
Updated: January 10, 2023
Bangor Savings adds to New Hampshire branch network
Updated: January 9, 2023The new branch, located in a refurbished former car repair shop at 170 Baker St., is the bank's eighth in the Granite State and 67th overall.
Updated: January 9, 2023
Former textile manufacturer retires from retirement, plans Yarmouth retail enterprise
Updated: January 9, 2023Tenants at the complex include OTTO Pizza, Cakes Extraordinaire, Edward Jones and Royal River Community Players. The buyer will open a bead shop and a coffee shop.
Updated: January 9, 2023
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