Navigating the complexities of seller financing in Maine - by Jessica Estes

Today’s interest rates, underwriting standards, and financing timelines can often be an obstacle in closing a real estate transaction. Once the buyer and seller agree on the price and terms for the real estate sale,

MEREDA to hold annual forecast conference in February 2024

Portland, ME The Maine Real Estate & Development Association’s (MEREDA’s) Annual Forecast Conference and Member Showcase has a new date: February 29^th, 2024. As we leap into the new year, leaders from the state’s real estate and development

Prolman Realty and Land and Sea Real Estate sell
5,640 s/f for $1.01 million

Amherst, NH Prolman Realty, Inc. has sold 105 Ponemah Rd. Mark Prolman represented the seller, AHN North and South Company, LLC and Demetrius Spaneas, CCIM of Land and Sea Real Estate represented the buyer, CT Enterprise, LLC. Financing was provided by Enterprise Bank

Universal Window and Door provides 800 historic replica windows for Brady Sullivan’s Lofts at 25 Canal

Allenstown, NH Brady Sullivan Properties held a ribbon-cutting ceremony for the opening of Lofts at 25 Canal, a former textile mill building that was converted into 150 apartments. Universal Window and Door provided 800 custom historic replica windows from its double-hung 400

Blais of Berkshire Hathaway HomeServices Verani Realty brokers $5.7 million multifamily portfolio transaction

Greenville, NH On August 28^th, 2023 the sale of the three-property, 51-unit apartment portfolio occurred at the offices of Frasca & Frasca, PA. The portfolio sold for $5.7 million ($111,765 per unit) and consisted of 21 one-bedroom

Marcus & Millichap arranges sale of 57,840 s/f Life Storage facility

Merrimack, NH Marcus & Millichap brokered the sale of Life Storage, a 57,840 s/f self-storage facility at 4 Benning Ct. Nathan Coe, Brett Hatcher and Gabriel Coe, investment specialists in Marcus & Millichap’s Columbus office, had the exclusive

PROCON and Easterseals NH break ground on
15-acre Military & Veterans Campus

Franklin, NH Affordable housing, continuum of care, retreat center, and therapeutic recreation are the centerpieces of an effort to serve those who have dedicated their own lives to service. Joined by veterans, military members, families, governor Chris Sununu, PROCON’s design-build team

Construction Financial Management Association New Hampshire Chapter names new officers and board member

Concord, NH Construction Financial Management Association (CFMA), New Hampshire Chapter, has named its new officers and board member.
President - Craig Chisholm of JM Electrical Company, Inc.

Young and Phillips of The Boulos Co. sell 171 Warren Ave. for $666,000

Portland, ME Julie Quimby, Ph.D. of Soulful Spaces, LLC purchased 171 Warren Ave. for $666,000. Dr. Quimby is a licensed psychologist, founder, and CEO of Psychology Specialists of Maine. She leases space at Two Portland Sq., and at 14 Maine St. in Brunswick, and is

MacDonald and Percoskie join The Boulos Cos.’ New Hampshire offices

Manchester, NH The Boulos Company has expanded their teams in Manchester and Portsmouth. The company welcomes two new associates, John Percoskie and Andrew MacDonald.