Rome, ME On September 11th, the 20th anniversary of the 2001 terrorist attacks, a groundbreaking was held for the new Travis Mills Foundation Health and Wellness Center.
The lakeside retreat was opened in 2017 by retired Staff Sgt. Travis Mills, a soldier who lost four limbs in a blast in Afghanistan. Mills created the retreat to help others like himself who were injured in wartime. It allows them to recover while surrounded by others who know what they’ve gone through.
The retreat has served 627 veterans, 724 families and 2,087 people from 43 states, Washington, D.C., and Canada.
Landry/French Construction is serving as the construction manager on the 9,800 s/f, $7 million health and wellness center, which will allow the foundation to expand programming to 40 weeks out of the year.
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.