Auburn

The $18 million portfolio has 217 units across 33 buildings. “We want to buy properties that need work. We get the benefit of the price and then we invest,” said Candor’s founder.

Maine's large hunger relief organization has added former Unum finance executive Camilo Echanique to its leadership team.

After buying the Hearth Doctor in February 2024, Rob Beardsley moved the showroom from Topsham to a larger space in Brunswick and acquired a similar business in Yarmouth.

For 12 years, the Police Activities League community center has served at-risk children. The positive impact has been profound, said City Manager Phil Crowell.

Weeks after the federal budget reconciliation bill was signed into law, Good Shepherd Food Bank said it's concerned for the nearly 50,000 Mainers receiving Supplemental Nutrition Assistance Program benefits.

A five-year construction moratorium along Stetson Road is set to expire this August. The timing of the acquisition positions the buyer to move quickly after that.

The Sasseville family has been building apartments in Auburn since 1990, but the latest build of 24 units might be the last for the immediate future. Current economic uncertainties are putting expansion plans on hold for now. 

Business transitions range from generational succession to local investors to buyers looking to change careers. A theme? How to maintain legacy brands while revamping with new ideas and growth potential.

Any number of issues can come up and any number of noses can be put out of joint, particularly when family members are involved.

The Auburn-based nonprofit distributed 40 million meals in 2024, an increase over 29 million meals in 2022 and 33.6 million meals in 2023.