Maine Real Estate & Development Association (MEREDA) Announces Appointments to Board of Directors


Donald McFadden, C.G., Director of Environmental Services at St.Germain Collins, and resident of Scarborough, and Mark Stasium, of Portland, Senior Vice President in the Commercial Real Estate Lending Division of Camden National Bank, have been elected to the board of directors of the Maine Real Estate & Development Association.

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MEREDA's DevelopME's Lunch & Learn Series "Breaking into Development" - Part Three: "Managing Assets for Maximum Value"





MEREDA'sDevelopMECommittee is pleased to host its final installment of the Lunch and Learn series "Breaking Into Development". Sherrin Vail from Northern New England Housing Investment Fund (NNEHIF)and Brit Vitalius from Vitalius Real Estate Group will share their insights on the best practices of asset managementincluding overseeing property management, maintaining accurate financialinformation, making capital decisions to maximize value, and how to execute a disposition while achieving the maximum possible sale price.



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Maine Real Estate Industry Leaders Recognized at MEREDA's 2018 Forecast Conference





A record of nearly 900 of Maine’s real estate professionals gathered recently to hear experts give statewide economic projections at MEREDA’s annual Forecast Conference, sponsored by TD Bank, in Portland.



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Maine's real estate sector hits record high
Earlier this month, with a best-ever 900 on hand for MEREDA's premiere annual forecasting event, luminaries from Maine's real estate industry unveiled the highest levels of The MEREDA Index in a decade -- at a record-breaking 96. "This signifies the most robust real estate economy in Maine since before the recession," said MEREDA board president Paul Peck.

Peck pointed out that these numbers are especially promising as "real estate has quickly become Maine's second most important driver of GDP, second only to healthcare," according to the U.S. Bureau of Economic Analysis.

This edition of The MEREDA Index was tabulated by Dr. Charles Colgan, economist, and was underwritten by Eaton Peabody, with support from Redstone, TRANE, and Bedford Cost Segregation.

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