Lucille Holt-Sottery, Malone Commercial BrokersPortland, ME According to Malone Commercial Brokers, Lucille Holt-Sottery has joined the firm as vice president of operations and business development.
This union brings innovative synergistic energy, and a unique business opportunity to Malone, its clients and it’s a brokers.
Prior to joining Malone, Holt-Sottery founded, Collaborations. Collaborations is a business and career development company.
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.
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.