Brunswick, ME DeStefano & Associates, Inc. (DAI) has started three projects and completed one project.
DAI has started construction of 16 apartments on two floors above the Tontine Mall, located on Maine St. Ryan Senatore Architecture, LLC is the architect.
DAI has started the design and construction improvements to the 97 Shops Plaza in Salem, N.H. THA Architects is the architect.
DAI has completed the first phase of five condominiums in South Portland and started construction of five condos for phase two. Bild Architecture is the architect.
DAI has completed the design and construction of a 2,500 s/f, single story building for Starbucks on Rte. 28 in Hooksett, N.H. THA Architects was the architect.
The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.
As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.