Welcome to the online home of the Maine Real Estate & Development Association. We hope you will use this site to learn more about our organization, get to know our members, and join us as we strive to promote fair and responsible development and ownership of real estate throughout Maine.






MEREDA Promotes Shelly R. Clark to Vice President of Operations


The board of directors of the Maine Real Estate & Development Association (MEREDA) is pleased to announce the promotion of Shelly R. Clark of  Portland to Vice President of Operations.

Clark has been with MEREDA since 1997.  As Vice President of Operations, she is responsible for managing all day-to-day operations, including coordinating educational programs, membership development and retention efforts, as well as marketing and communications.

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MEREDA Names Michael O’Reilly as New President, Announces Slate of Officers





Michael O’Reilly, senior vice president in the Commercial Banking Group at Bangor Savings Bank, and the southern Maine team lead for the Commercial and Business Banking lenders is the new president of the Maine Real Estate & Development Association, a statewide organization of commercial real estate owners, developers and related service providers. Founded in 1985, MEREDA promotes responsible development and ownership of real estate in Maine through legislative advocacy, educational programs and professional networking opportunities. 

Mike succeeds Drew Sigfridson, SIOR | Managing Director, Partner at CBRE | The Boulos Company who has led MEREDA for the past two years



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  MEREDA leads successful forum focused on ways Maine can become the best state for business  
More than 300 gather to brainstorm about how to catapult Maine from last to first on Forbes’ ‘Best States to Do Business’ list

The Maine Real Estate & Development Association hosted a first-ever forum on May 20, bringing state leaders together to brainstorm about how to boost the state’s economy and make Maine more attractive to businesses.

The forum was prompted by Maine’s ranking in last place on Forbes magazine’s recent “Best States To Do Business” list.

To address this – and overcome it – MEREDA officials thought it wise to seek help from someone in the know in Utah, which had the opposite spot on Forbes’ list – at the top, deemed the best U.S. state for business – for a third straight year.

They invited Alan Hall, a highly successful entrepreneur from Utah, to give the keynote address at MEREDA’s “50th to 1st: Ingredients of a Successful Economic Development Plan” forum, which drew more than 300 legislative, business, and community leaders from a variety of sectors around Maine.

A venture capitalist who founded Grow America, a national organization that encourages entrepreneurialism, Hall shared what he considers the key pillars of economic development, starting with a desire for improvement.

“Government officials and business leaders need to resolve that they want to move the state forward,” he said.


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