Concord, NH Nobis Group has appointed Janet Riel, VP of finance, to the company’s board of directors.
Riel celebrated her 35-year milestone at Nobis, and in her time at Nobis, she has brought a passion for optimizing financial and operational processes, which have resulted in the firm’s successful contract performance and growth. Riel works with the firm’s principals, directors, and project managers to focus on improving financial performance and achieving growth and profitability.
“As the first employee to ever be hired by Nobis, Janet has seen and done it all. We are lucky to have her as a part of team Nobis and appreciate her inspiration and leadership,” said Chris Adams, president & CEO.
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.