It has been said that the real estate market has “recovered” and buy/sell activity has been strong in just about every category of property in 2015 with expectations that prosperity continue into 2016. This was confirmed by industry experts at MEREDA’s Annual Forecast Conference this past January.
With increased property sales in a strong economy the question is; who is providing the financing and how are these transactions being financed? What are the recent trends in the market, what are the banks looking for in a qualified borrower/ project? Are there any “tips” on how to position your company best for a successful financing?
Join MEREDA for breakfast on March 15th from 7:30 – 9:00 AM at the Portland Regency Hotel to hear from seasoned lenders from institutional, regional, and community sources as well as the SBA 504 prospective.
About our Presenters:
Noel Graydon’s banking career has spanned over 40 years with experience in both retail and commercial banking. He has had an established banking career in Southern Maine, serving in many commercial lending and executive positions with Bank of Boston (Casco Northern Bank), KeyBank, and Citizens Bank. In 2008, Noel joined Norway Savings Bank as a Regional Vice President Commercial Lending responsible for commercial lending efforts in Southern Maine. Noel coaches youth hockey and has been a firefighter for the past 23 years. He currently serves as the district chief.
Since Granite State Development Corporation (GSDC) expanded into Maine in 2003, Jim Maxwell has been its Maine 504 State Director. GSDC is the leading SBA 504 CDC in New England, operating in Maine, New Hampshire, Massachusetts and Vermont. Since 2003 GSDC/Maine has led the state in 504 lending. The SBA 504 Debenture Loan program is a powerful low interest rate loan program to assist expanding businesses purchase land, buildings and equipment.
Bill Schad is a Senior Relationship Manager at TD Bank in Portland where he has been employed for the past 20 years. Bill manages a diverse commercial loan portfolio with expertise in Commercial & industrial, Construction and Tax Exempt financing. Bill resides in North Yarmouth with his wife Nancy and three children.
Peter Moore is the Managing Director of the Portland, Maine, Corporate Finance Associates office. His career spans over 30 years of business experience including 18 years as a corporate banker. Entrepreneurial finance, middle market company funding assignments and business growth strategies has been Peter’s primary focus for the last 13 years. This includes extensive experience working with institutional and private capital sources, structuring financing and building long lasting relationships for clients and capital providers alike. He currently divides his time between financing for expansion stage growth companies, established manufacturing and distribution firms, real estate project finance clients, and M & A transactions throughout New England. Peter is also the Chairman and Co-founder of the Maine Investment Exchange (MIX) a volunteer organization serving the entrepreneurial marketplace by providing venture capital forums where promising entrepreneurs present their business propositions to interested private investors and venture capitalists.
About the Event:
MEREDA’s Morning Menu
Show Me the Money: Commercial Real Estate Financing Trends
7:30AM to 9:00AM
Portland Regency Hotel
20 Milk Street, Portland, ME
Buffet Breakfast: 7:30-8:00 am
Program: 8:00-9:00 am
Registering for this Event
Member: $45 pp | Non-Member: $55 pp
Prices increase by $10 after March 8, 2016
Payment is expected at the time of registration.
No refunds will be granted to anyone who registers, but fails to attend or who cancels after March 8, 2016
Visit www.mereda.org for more information and to register.
This MEREDA “Morning Menu” Breakfast Event is Sponsored by Norway Savings Bank