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July 16, 2024

Maine Real Estate & Development Association names its next president

The Maine Real Estate & Development Association has elected Shannon Richards as president. She will serve a two-year term leading the statewide organization of commercial real estate owners, developers and related businesses 

Richards succeeds Craig Young, a partner and senior broker at the Boulos Co. who has led MEREDA for the past two years.

Photo / Courtesy MEREDA
Shannon Richards

Richards is the founder of Hay Runner, a real estate development company that provides project management, design, construction, furnishing and other services, as well as produces design-centric events. 

Hay Runner also provides brokerage services through its affiliation with Legacy Properties Sotheby’s International Realty. 

Over the last 20 years, Richards has produced hundreds of custom homes, commercial spaces, furniture and fixtures.

She recently served as a MEREDA vice president, co-chaired MEREDA’s Conference Committee, and continues to serve on its Executive Committee. She joined the board in 2019 and was selected to receive one of two Volunteer of the Year Awards during that time.

“Shannon has been, and will continue to be, an invaluable asset to our volunteer organization,” said Shelly R. Clark, MEREDA’s executive director. “Her dedication and passion for the work she does is truly inspiring, and we are excited to continue working with her in this new capacity.”

The Portland resident is also part of the Greater Portland Board of Realtors, the Maine Association of Realtors and the National Association of Realtors.

Founded in 1985, MEREDA promotes responsible development and ownership of real estate in Maine through legislative advocacy, educational programs and professional networking opportunities.

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