Concord, NH North Branch Construction has donated the proceeds from the firm’s annual safety fine program to Easterseals New Hampshire. North Branch Construction developed its safety fine program sixteen years ago, with the intent to increase hazard recognition, reduce risk of injury, and create an overall safer working environment for all personnel working on North Branch Construction jobsites. At a minimum, the program requires subcontractors, as well as North Branch Construction’s own employees, to abide by the OSHA construction industry regulations at all times. When safety violations are observed, it is North Branch Construction’s objective to correct them immediately. Consequently, the firm warrants safety fines for any repeat violations. Each year, North Branch Construction donates all proceeds from the safety fine program to non-profit organizations the firm has worked with during that year.
North Branch Construction is currently working with Easterseals New Hampshire building the new 30,000 s/f, two-story addition to Easterseals’ Gammon Academy on Zachary Rd. in Manchester. The new addition will include 15 new classrooms each with their own designated restrooms, as well as multi-purpose and administrative spaces.
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.