Shelly Clark honored for 20 years at MEREDA


At its annual conference earlier this month, Shelly Clark was honored for two decades of service to the Maine Real Estate & Development Association (MEREDA), the trade association that advocates for responsible development and ownership of real estate throughout the state. Clark, who serves as the organization’s vice president of operations, was invited on stage for the presentation, where she was surprised by approximately two dozen of MEREDA’s board presidents from through the ages, while the more than 700 in the audience offered a standing ovation.

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Real estate luminaries honored with 2017 awards





At its annual conference, the Maine Real Estate & Development Association (MEREDA) presented its 2017 awards to five luminaries from Maine’s real estate and development industry.

The Robert B. Patterson, Jr. Founders’ Award was presented to Lawrence Wold, of Freeport, president in Maine for TD Bank, for his significant contributions to the real estate industry over many years. A longtime member of MEREDA’s board and leadership team, Wold spearheaded a new member recruitment initiative for MEREDA. Fourteen years later, the TD Bank Membership Recruitment Matching Funds Program continues to help introduce new members to the organization and has made a lasting difference in the organization’s growth and success. A very active member of the southern Maine community, Wold has 30 years of commercial lending experience in Maine.



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MEREDA Index shows Maine's real estate industry reaches highest level in ten years, signifies "worker gap"
"The second quarter of 2016 saw the Maine real estate industry reach the highest level in ten years, led by a 10% growth in the residential component” said Rick McCarthy, consultant with Eaton Peabody and board member with the Maine Real Estate & Development Association (MEREDA). McCarthy made his remarks at MEREDA’s sold out conference in mid-January, while unveiling The MEREDA Index, the economic indicator that measures the health of the state’s real estate sector.

But, all told, The MEREDA Index, which covers the middle two quarters of 2016, came in slightly lower than recent editions, at 93. The highwater mark gains were not sustained throughout, with a 4% drop toward the end of the period," said economist Dr. Charles Colgan, of the University of Southern Maine, who compiled the report for MEREDA.

“Overall, The MEREDA Index has grown in the last years, though we are seeing the first plateau since the post-2007 recovery," said Paul Peck, MEREDA president, a real estate developer and an attorney at Drummond & Drummond.

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