Bangor, ME SVN|The Masiello Group has hired new advisor Jenn Morin. Morin will be working with SVN|Masiello’s Maine team. “We are pleased to have Jenn join the firm. She brings an expertise and unique product type/specialty to our mix” said managing director, Doug Erickson.
Morin’s background and experience includes being in the banking and commercial lending field. With her knowledge and drive Morin opened her own business three years ago to assist businesses become better organized and financially successful.
Morin is also a business coach and financial management consultant serving small to midsize businesses throughout the state. As a business coach, Morin guides her clients to success by working with them to create a long-term vision for their company and by developing actionable plans to help them realize their vision.
As a financial management consultant, she utilizes financial strength through careful analysis of past trends and future objectives. Morin is dedicated and passionate about helping business owners create meaningful and achievable goals and uncovering untapped opportunities to grow their bottom line.
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.