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The owners of Frank's Bake Shop and Custom Catering, a Bangor institution for 80 years, acquired property across the street to convert into apartments.
The contribution — the largest from an individual in the hospital’s history — will accelerate the hospital's campus upgrade.
The 21,000-square-foot center, across from UMA’s main campus, expands capacity for real-world training programs in nursing and cybersecurity.
Following a thorough refurbishing and modernization, the 160-year-old Naples landmark known as the Augustus Bove House has reopened under new ownership as the Hamilton House.
A joint project between Developers Collaborative and ProsperityME has received final approvals from the Portland Planning Board and secured funding to go ahead with the development of a 50-unit affordable housing complex at 1125 Brighton Ave.
The Boulos Co. coordinated the sale of 56 units in six multifamily properties in Lewiston and Auburn to North Bridge LLC.
The buyer targets high-growth, supply-constrained markets to identify underutilized assets and create value for partners and investors.
The $3 million third phase will add nine homes to the Ripples Hill development, doubling its size.
A $1.4 million shortfall in the $24.7 million project budget cascaded into financing problems with the project’s lender.
A New York City real estate firm is making its first foray into Maine to convert a Kittery motel into 108 units of rental apartments for middle-income earners.
Established in 1991, the award program is considered to be a tool that offers members an opportunity to evaluate their safety records.
The buyer hailed from Chicago. The property was on the market for only 90 minutes. There were 10 to 12 inquiries into the listing.
The Portland-South Portland metropolitan area was also the only northeastern market to crack the top 10 for new construction in a barometer by Realtor.com.
For the fifth consecutive month, for-sale home inventory increased, reaching the highest number since October 2020. The median price dipped from a high in May and June.
The $87.8 million affordable housing development will replace a surface parking lot on the corner of Elm and Oxford streets. It's a joint project between Avesta Housing and Reveler Development.
The Queen City is getting a lot more interest in retail coming downtown. “People want to do business with somebody local," says one entrepreneur, capturing the sentiment in the downtown community.
Sponsored by Kennebunk Savings Bank
Small Business Saturday, the annual tradition that encourages shoppers to support local, independent retailers and entrepreneurs, marked its 16th rendition on Nov. 29, with events held across the nation.
Founded by American Express in 2010, the yearly event has become an essential part of the holiday shopping season. The Small Business Administration became the official co-sponsor in 2011.
Last year, shoppers turned out in full force to support their local communities, generating an estimated $22 billion in spending at small retailers and restaurants.
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.
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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.
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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 moreThe 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 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.
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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