Category Archives: Business

How Commercial Lending, Appraisals and being a Landlord has Changed Amongst the Covid-19 crisis.

Posted on May 21, 2020 by Shelly R. Clark

Virtual Event Friday, May 29, 2020 8:30 – 9:30 AM Due to the unprecedented circumstances of the pandemic, MEREDA is presenting a series of free forums on relevant topics to keep members informed.  While this event is free of charge, … Continue reading →

Posted in Business, Events | Comments Off on How Commercial Lending, Appraisals and being a Landlord has Changed Amongst the Covid-19 crisis.

Keeping Members Informed

Posted on May 19, 2020 by Shelly R. Clark

Due to the unprecedented circumstances of the coronavirus pandemic, MEREDA is presenting a series of free virtual forums on relevant topics to help keep members informed. While these events are free of charge, registration is required. May 22, 2020 – … Continue reading →

Posted in Business, Events | Comments Off on Keeping Members Informed

Construction Businesses: Navigating State and Federal COVID-19 Workplace Safety Requirements

Posted on May 12, 2020 by Shelly R. Clark

On April 28, Governor Mills released Restarting Maine’s Economy, which lays out a plan for re-opening non-essential businesses. Businesses that were previously deemed essential, including construction businesses, may continue operations – the Governor’s new plan does not impact them. However, … Continue reading →

Posted in Business, Member Articles | Comments Off on Construction Businesses: Navigating State and Federal COVID-19 Workplace Safety Requirements

MEREDA Legislative Update

Posted on May 5, 2020 by Shelly R. Clark

While much has changed in the world in the past months, the MEREDA Public Policy Committee has continued to stay engaged on critical matters impacting our members. From ensuring a last-minute enactment of an extension to the Maine Historic Rehabilitation … Continue reading →

Posted in Business, Member Articles | Comments Off on MEREDA Legislative Update

Real Estate as an Essential Business – DECD Guidance and City of Portland Restrictions on Real Estate Activities 

Posted on April 28, 2020 by Shelly R. Clark

On April 15, 2020 the Maine Department of Economic and Community Development (DECD) released new guidance related to the operations of real estate as an essential business during the COVID-19 pandemic. DECD has considered real estate to be an essential … Continue reading →

Posted in Business, Member Articles | Comments Off on Real Estate as an Essential Business – DECD Guidance and City of Portland Restrictions on Real Estate Activities 

Pandemic Leaves Landlords in a Difficult Position

Posted on April 21, 2020 by Shelly R. Clark

by Gary D. Vogel, Attorney, Drummond Woodsum, MEREDA President The coronavirus pandemic is affecting everyone.  Many businesses are shut down, or are minimally operating.  The CARES Act recently adopted by Congress with over two trillion dollars of emergency funding will … Continue reading →

Posted in Business, Member Articles | Comments Off on Pandemic Leaves Landlords in a Difficult Position

Maine Home Prices – Where do we go from here?

Posted on April 14, 2020 by Shelly R. Clark

by: Dava Davin, Principal, Portside Real Estate Group When I presented at the 2020 MEREDA Real Estate Forecast Conference in January, I was full of good news and positivity in the residential market. I shared that 2019 represented the eighth straight … Continue reading →

Posted in Business, Member Articles | Comments Off on Maine Home Prices – Where do we go from here?

Message from MEREDA’s President

Posted on April 7, 2020 by Shelly R. Clark

To our Members: What a challenging time we find ourselves in!  First and foremost, I hope this email finds you, your family, loved ones and coworkers safe and healthy.   We hope that you are coping with all of the changes … Continue reading →

Posted in Business, Member Articles | Comments Off on Message from MEREDA’s President

Successful CEO’s Look Back to Prepare Forward

Posted on March 31, 2020 by Shelly R. Clark

by George E Casey Jr., Chief Executive Officer, Stockbridge Associates, LLC General Patton said he hated paying for the same real estate twice.   You should feel the same about paying for the same business lessons again in the future. Right … Continue reading →

Posted in Business, Member Articles | Comments Off on Successful CEO’s Look Back to Prepare Forward

Vital Ideas – The 1031 Dominoes

Posted on March 24, 2020 by Shelly R. Clark

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 →

Posted in Business, Member Articles | Comments Off on Vital Ideas – The 1031 Dominoes