Category Archives: Business

Vital Ideas – The 1031 Dominoes

by Brit Vitalius, Principal, Designated Broker, Vitalius Real Estate Group In 2019, we saw 1031 exchanges used even more frequently than in past years. Interestingly, the variations in the transactions illustrate a number of different ways the 1031 exchange can … Continue reading

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What’s Up in the Hotel Business?

by Sean Riley, President & CEO, Maine Course Hospitality Group Great Ride for Hotels I recall speaking at the MEREDA conference back in 2009. It was a tough year to begin my motivational speaking career.  But what a remarkable recovery … Continue reading

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Construction Trends in 2020

by Asha Echeverria, Shareholder, Bernstein Shur Welcome to the new decade! Though we can expect trends from 2019 to continue, the focus on the new decade and the bull construction environment will force many trends to advance by leaps and … Continue reading

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MEREDA Celebrates 35 Years of Supporting Responsible Development in Maine

2020 is MEREDA’s 35th Anniversary and we are proud to celebrate 35 years of service to our industry and our state! To mark this occasion, we are holding a celebratory gala event on March 26, 2020 at Ocean Gateway in Portland with drinks and hors … Continue reading

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The Risks and Regulations Associated with Waterfront Development in Maine

By  Gordon Smith, Verrill Waterfront development in Maine is on the rise. While waterfront development has a big investment upside, it can pose additional regulatory challenges and risks. Whether you are building on coastal or inland waters, shorefront property is … Continue reading

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MEREDA’s Morning Menu Breakfast Event “Town Hall with the Mayor: Kate Snyder, City of Portland”

MEREDA is honored and excited to invite its membership to “Breakfast with the Mayor of Portland, Kate Snyder”.  A welcomed opportunity to engage in a “Town Hall Meeting” discussion about the role of this leadership position within our community, and … Continue reading

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Stop me if you’ve heard this before

by Justin Lamontagne, CCIM, SIOR, Partner, Designated Broker at NAI The Dunham Group Is it plagiarism if you copy yourself? I hope not, because here goes… “Vacancy rates are getting critically low. As the economy improves, Maine’s small and medium … Continue reading

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Maine Real Estate & Development Association (MEREDA) Recognizes Outstanding Members with Annual Awards

In a ballroom overflowing with the broad spectrum of Maine’s real estate and development professionals, MEREDA President Gary Vogel singled out five individuals at last week’s annual Forecast Conference. If tasked with building a structure, this quintet certainly would be … Continue reading

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Join MEREDA for Breakfast on Feb. 25 for a Morning Menu Presentation: “Portland’s Arts District Garage: A Case Study of Private Parking Structure Development”

The five-story, 280-spaced Arts District Garage parking structure on the corner of Brown Street and Cumberland Ave was completed in the summer of 2019. The Arts District Garage project provides lasting new value and utility to the adjacent 10-story office tower … Continue reading

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Safe Harbor Options for Taxpayers as the Solar ITC Begins to Sunset

By Mark Vitello, BerryDunn Read this if you are a solar investor, developer, or installer. The solar carve out of the Investment Tax Credit (ITC) has been a great incentive for taxpayers to invest in solar assets over the last … Continue reading

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