Maine
The RAM Companies Buys 74K-SF Office Complex in South Portland for $12M
Scarborough, ME-based The RAM Companies has acquired the Atlantic Place office complex in South Portland, ME from 341 Park, LLC,… Read more
The Boulos Company Installs Brokerage Team into New Manchester Office
The Boulos Company has expanded its operation and added the brokerage team of Roger Dieker, Mike Tamposi, Chris Healey and… Read more
CBRE Touts South Portland Multifam Sale as ME’s Second Largest CRE Transaction
CBRE has arranged the sale of Redbank Village and Liberty Commons, a 620-unit townhouse and garden-style apartment community in South… Read more
Jones Street Ends 2021 with $850M in Multifamily Transactions
Boston-based Jones Street Investment Partners completed more than $850 million in multifamily transactions in 2021: Four acquisitions in CT and… Read more
The Boulos Company Reels in 94 Acres in Jonesport, ME for Aquaculture Co
The Boulos Company has landed the Kingfish Company, sustainable land-based aquaculture company, a 94-acre site in Jonesport, ME for its… Read more
NAI Legacy Completes Syndication of $43M DST Portfolio
NAI Legacy has fully subscribed the $42.5-million Essential Net Leased Midwest DST offering. As a sponsor of the DST, Minneapolis-based NAI Legacy helped 50 1031 Exchange investors from 18 states:… Read more
York Beachside Hotels Undergo Renos amid Management Change
York, ME-based The Surf Company, LLC, has partnered Life House to operate its two beachfront hotels in York. The portfolio, which encompasses… Read more
WFH Survey Reveals 64% of ME Office-Lease Pros Plan on Staying Put
Among a survey of Maine professionals who self-identify as responsible for their companies’ office lease decisions, the majority (64%) are… Read more
Portland Condo Project Headed to Completion with $4M Mezzanine Loan
Bloomfield Capital has closed a $4.0 million mezzanine construction loan on a condominium development in the Munjoy Hill neighborhood of… Read more
Impact Fitness Flexes Its Muscle with a New Lease at Lincoln Mill in Biddeford
Impact Fitness Center has signed a new 12,150-square foot-lease at the Lincoln Mill in Biddeford, ME. The Lincoln Mill is… Read more
Bill to Enable Affordable Housing Development Draws New England Cosponsors
More than 13 legislators from the New England region as of October 22, 202, have signed on as cosponsors of… Read more
Apple Hospitality Picks Up ALOFT in Portland, ME for $51M
Apple Hospitality REIT acquired the 157-key, newly built Aloft Hotel on the waterfront in downtown Portland, ME, for a total purchase price of $51.2 million, or approximately… Read more
WNC Closes Three Institutional LIHTC Funds of $255M
WNC recently closed three institutional low-income housing tax credit funds totaling approximately $255 million in equity. The funds include WNC… Read more
Apple Hospitality REIT Snags AC Hotel by Marriott in Maine for $67M
Apple Hospitality REIT Inc. has acquired the 178-room AC Hotel by Marriott in Portland, ME. The sales price was $66.8… Read more
Consigli Construction Completes 350K-SF Athletics Facility at Colby College in Maine
Consigli Construction Co. has announced the completion of the Harold Alfond Athletics and Recreation Center, a 350,000-square-foot facility at Colby… Read more
Marcus & Millichap Brokers Sale of 92K-SF Self-Storage Portfolio in Maine
Marcus & Millichap has arranged the sale of JMC Self-Storage Portfolio, a 92,275-square-foot self-storage portfolio located throughout southern Maine. The… Read more
Strong Building Codes Make Coastal Communities More Resilient
A strong building code is critical to reducing the damage and destruction caused by hurricanes each year. On the first… Read more
Chicago’s Latest Travel Order Lists No States in Quarantine Tier
For the first time since the Chicago Department of Public Health (CDPH) began issuing its Emergency Travel Order in July… Read more
Maine Office Building Trades for $12M
Investment sales brokerage firm Stan Johnson Co. has brokered the $11.8 million sale of a single-tenant office building leased to… Read more