News: Front Section
Posted: July 17, 2020
Richards of Hay Runner and Young of The Boulos Co. named MEREDA vice presidents
Portland, ME The Maine Real Estate & Development Association (MEREDA) has appointed Shannon Richards of Hay Runner, and Craig Young of The Boulos Company to vice presidents for 2020-2021.
Richards is president of Hay Runner, a real estate development company that provides services related to residential and commercial real estate transactions, project management, design, construction, furnishing and produces design centric events. Hay Runner also provides brokerage services through its affiliation with Legacy Properties Sotheby's International Realty.
Richards chairs MEREDA's conference committee and also serves on its executive committee. She joined the MEREDA board in 2019 and that same year, was selected to receive one of two MEREDA's Volunteer of the Year Awards.
Young, CCIM, is a partner at The Boulos Co., a Maine and New Hampshire commercial real estate firm dedicated to serving owners, investors, and tenants, blending Maine and New Hampshire market knowledge with a global network. His supportive approach successfully guides clients through even the most complex real estate deals.
Young joined the MEREDA Board in 2015 and will now serve on MEREDA's executive committee and co-chairs MEREDA's conference committee with Richards.
"Shannon and Craig both exemplify leadership roles and can-do attitudes that are particularly welcomed in a volunteer organization such as ours. We are thrilled to work with them now as vice presidents," said Shelly Clark, MEREDA's vice president of operations.
Tags:
Front Section
MORE FROM Front Section
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
Quick Hits
.png)
Columns and Thought Leadership
Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore
While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
Make PR pop by highlighting unique angles - by Stanley Hurwitz
Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
Four tips for a smooth 1031 Exchange - by Bill Lopriore
Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul
To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.
