Processing Your Payment
Please do not leave this page until complete. This can take a few moments.
- News
-
Editions
View Digital Editions
Biweekly Issues
- September 16, 2024
- September 2, 2024
- August 19, 2024
- August 5, 2024
- July 22, 2024
- July 8, 2024
- + More
Special Editions
- Lists
- Viewpoints
-
Our Events
Event Info
- View all Events
- 60 Ideas in 60 Minutes — Portland
- 40 Under 40 Awards Reception
- 60 Ideas in 60 Minutes — Bangor
Award Honorees
- Calendar
- Biz Marketplace
Bank pumps $50K into foreclosed golf club
The bank that foreclosed on the Bath Country Club earlier this year wants to invest tens of thousands of dollars into the golf club and sell it back to its previous owners.
Joe Waites, a Georgia-based banking consultant appointed trustee in charge of the facility, told The Times Record that Savings Bank of Maine in Gardiner plans to invest $50,000 to improve the property and would like to sell it back to Jason Marco and Shawn Arsenault. Savings Bank of Maine foreclosed on the 117-acre golf course and country club and put it up for auction in April, but was forced to buy the property for $1.95 million when it received no bids.
Waites told the newspaper the work will include new paint for the country club interior and exterior, additional outside lighting and landscaping. Arsenault and Marco are looking for investors to help buy the club back from the bank, and the bank is giving them some time to put together a proposal, according to the paper.
Go to the article from The Times Record >>
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
Senior Smart
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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.
-
Senior Smart
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
ABOUT
NEW ENGLAND BUSINESS MEDIA SITES
No articles left
Get access now
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
Get access now
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
Comments