Concord, NH North Branch Construction was honored to receive the 2017 Business of the Year Award at the 23rd Annual CATCH Neighborhood Housing Fundraiser event held at the Capitol Center for the Arts. Vice president of the firm, Joseph Campbell, was present to accept the award given to North Branch for their commitment to helping CATCH continue its important work of ensuring that everyone is confident of having a home.
CATCH Neighborhood Housing is a non-profit organization offering housing and education services in Merrimack County, by constructing new affordable housing units and revitalizing existing housing in areas where affordable rental options are limited.
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.