
Concord, NH North Branch Construction has promoted two employees.
Christopher Mulleavey has been promoted to the position of project superintendent. Mulleavey joined North Branch Construction in 2021.
Justin Willette, with North Branch Construction since 2020, has been promoted to assistant project superintendent.
“It is always our goal to provide our employees with opportunities to grow within their career and realize advancement and promotion whenever possible,” said Joseph Campbell, president of North Branch Construction. “These recent promotions of Chris and Justin are just another example of the hardworking and talented people that we are fortunate to have on our team here at North Branch Construction.”
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.