Portland, ME Bryan Plourde of The Dunham Group has earned the MAI designation (Member, Appraisal Institute). The Appraisal Institute is a global professional association of real estate appraisers. An MAI-designated appraiser has completed coursework, passed examinations, and met specific experience requirements in commercial property valuation.
“Bryan is the only MAI designee active in commercial real estate brokerage in Maine. He continues to differentiate his resume and skill set among his peers. We are lucky to have his talents at the Dunham Group,” said Justin Lamontagne, CCIM, SIOR, The Dunham Group’s managing partner and designated broker.
Plourde joined The Dunham Group in 2023. Having spent the last 11 years as a commercial real estate appraiser at Maine Valuation Company. Plourde brings an invaluable skill set to the firm and his clients.
Plourde is a member of the New England CCIM chapter, is a past committee member of the Maine Chapter of the Appraisal Institute, and has his MAI designation (Member of the Appraisal Institute). Plourde is also the Education Chair for the Maine Chapter of the Foundation Fighting Blindness.
According to the Appraisal Institute, MAI designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Practice, underscoring a commitment to sound and ethical professional practice. The completion of continuing education requirements assures that MAI designated members remain informed on trends and changes pertaining to real property valuation, enabling them to provide valuations that reflect the latest in professional practice.
The MAI designation has long been recognized by courts of law, government agencies, financial institutions, and investors as a mark of excellence in the field of real estate valuation and analysis.
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.