Scarborough, ME Landry/French Construction has promoted Ben McPherson to project manager.
McPherson has 10 years of experience in commercial construction and recently served as assistant project manager on the new $25.5 million Bill & Joan Alfond Main St. Commons for Colby College in downtown Waterville. He also recently managed the Olin Hall and Roberts Plaza Renovations on campus, as well as Camden National Bank’s new branch fit-out in Waterville. Currently, McPherson is serving as project manager on the new Lockwood Hotel in Waterville.
“Ben has demonstrated excellent project management skills, and we are proud to recognize him for his commitment to our clients,” said project executive Derek Albert.
McPherson holds a Bachelor of Science Degree in Construction Management from the University of Maine at Orono.
As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.
The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.