News: Owners Developers & Managers

Maine Real Estate and Development Association creates new award category to celebrate development

Tom Lea, president of the Maine Real Estate & Development Association (MEREDA) has named the 2012 winners of awards presented at MEREDA's Annual Real Estate Spring Conference on May 17. "We have created a new award to recognize responsible real estate development in Maine. MEREDA's leadership chose 5 most notable development projects for 2011 that were deemed "noteworthy & significant" and we'd like to continue to do this annually because projects such as these are the embodiment of what MEREDA stands for." said Lea. Honorees included: * Opechee Construction Corp. for the Hampton Inn/Sebago Brewing in Portland; * Waterfront Maine for Merrill's Wharf/Pierce Atwood Building in Portland; * Mattson Development LLC for the MaineGeneral Medical Center Musculoskeletal Center in Augusta; * Community Housing of Maine for Maine Hall, Affordable Housing for Seniors in Bangor; * and Developers Collaborative for Gilman Place in Waterville.
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The Westin Portland Harborview to host exclusive VIP pop-up with The Woods Maine July 24–26

Portland, ME The Westin Portland Harborview will introduce an exclusive, limited-time pop-up shop with The Woods Maine, taking place July 24–26 in the city’s Arts District. This elevated retail experience brings The Woods Maine, the acclaimed Maine lifestyle brand behind the popular retail shop in Norway, Maine, directly to hotel guests and the local community.
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Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and