Portland, ME The Boulos Company has promoted Micki Francombe to vice president of administrative operations. Francombe joined the company in 2001 as an administrative assistant and most recently as assistant office manager while continuing to work for her brokerage team in an administrative capacity.
“Micki is the glue that holds The Boulos Company together,” said Christopher Stephenson, VP of operations and marketing. “She is one of the most experienced CRE professionals in the region. Broadening her role in operations will ensure that our company continues to function seamlessly as we expand our footprint in Northern New England.”
“When people have questions, they go to Micki,” said Drew Sigfridson, managing director of Boulos.
“Micki has played a huge role in the success of our company and we’re so lucky to have had her work with us for the past 21+ years.” As VP of Administrative Operations, Micki’s expanded purview will include serving as the company’s leader in training and onboarding new employees and independent contractors and will take the reigns on production of the popular Boulos Beat podcast series. Among other additional responsibilities, she will spearhead the rollout of the company’s new project management software and will continue to support her brokerage team in the Portland office.
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.
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.