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Maine home sales drop in February, but prices surge over 20%
Jessica Hall March 21, 2022Low inventory and continued demand boosted home prices higher in February. Most homes for sale in Maine are still receiving multiple offers.
Lewiston’s Somali Bantu association moves into larger quarters
Laurie Schreiber Updated: March 21, 2022The new headquarters is over six times bigger and provides space for a conference room, service expansion and a welcoming space to hang out.
Business Leaders: An advocate for affordable housing, Nathan Szanton also builds it
Jessica Hall Updated: March 21, 20222022 Mainebiz Business Leaders of the Year: The Small Company Business Leader of the Year, Szanton sees housing as a human right. Since 1996, he and his development firm have brought more than 600 apartments to people in two dozen projects.
Business Leaders: Mark Swann leads Preble Street on a statewide mission of fighting poverty
William Hall Updated: March 21, 20222022 Mainebiz Business Leaders of the Year: The Nonprofit Leader of the Year for social services, Swann has steered the organization as it has grown far beyond its Portland roots. Last year, Preble Street completed a $14 million capital campaign to…
Waterville accelerator picks lineup of 12 startups
Renee Cordes Updated: March 17, 2022The Good Crust, bluShift Aerospace and the GenoTyping Center are among the startups named to the inaugural cohort of the Dirigo Labs accelerator program, which is set to launch in Waterville.
Promise of funding may aid jeopardized veterans' homes in Caribou, Machias
Jessica Hall March 16, 2022The nonprofit said its board will meet later this month to consider options after Gov. Janet Mills offered $3.5 million in funding to keep two of the nursing facilities open.
New roof at Bates Mill No. 5 will be paid for with federal money
Laurie Schreiber March 14, 2022The investment will go toward the removal of asbestos and other contaminants and could help developers overcome hurdles to finding more occupants for the space.
University of Southern Maine erases $2M in student debt
Renee Cordes March 9, 2022The school has forgiven debts of more than 750 current and former students unable to pay their college bills during the pandemic.
1031 exchange swaps Portland office for Lewiston and Rockland industrial space
Laurie Schreiber Updated: March 7, 2022A Maine investor views industrial property beyond Greater Portland as a hot commodity, thanks to the cannabis market, e-commerce and startup activity.
Out of 2,600 applicants, 13 Mainers get licenses for elver harvesting this season
Laurie Schreiber Updated: March 7, 2022With the baby eels selling for $1,800 per pound in 2021, licenses are highly coveted. Each new license holder will receive a minimum of 4 pounds in the seasonal quota that's allowed.
Today's Poll
Sponsored by Kennebunk Savings Bank
The days after Thanksgiving are the traditional start of the holiday shopping season. Many shoppers are already setting their sights on the whirlwind of holiday shopping — Black Friday, Small Business Saturday and Cyber Monday.
Major retailers like Walmart, Target, Amazon and Best Buy have already launched early deals, giving shoppers a head start on savings.
A record 186.9 million people plan to shop from midnight on Black Friday through Cyber Monday, according to a consumer survey by the National Retail Federation. The figure is up by more than 3 million total shoppers from last year's record.
The National Retail Federation forecast also calls for holiday spending to surpass $1 trillion for the first time, with sales predicted to grow between 3.7% and 4.2% from 2024.
The Giving Guide
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn More
Work for ME
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn More
Groundbreaking Maine
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn more-
The Giving Guide
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
-
Work for ME
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
-
Groundbreaking Maine
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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