Portsmouth, NH Bean Group, a New England-based real estate brokerage company, has named Christopher McInnis as director of its new commercial real estate division.
McInnis, previously the principal broker at Nautilus Realty Group, will be in charge of managing and expanding Bean Group’s presence in the major commercial markets throughout New England.
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.