
CBRE | The Boulos Company
CBRE | The Boulos Company has promoted Catie Seavey and Tim Millett to associate broker.
Seavey joined the company in 2014, assisting Dan Greenstein, Tony McDonald, CCIM, SIOR and Drew Sigfridson, SIOR. She now represents clients in all areas of commercial real estate including office, retail, industrial, and investment properties located throughout Greater Portland and southern Maine.
Millett joined the company in 2015, assisting Chris Paszyc, CCIM, SIOR and Craig Young, CCIM. He now represents clients in all areas of commercial real estate including office, retail, industrial, and investment properties located throughout central and midcoast Maine.
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.
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.