South Portland, ME Dave Senus, PE, has been appointed as senior project manager — real estate market lead at VHB. Enhancing the Maine team with leadership and technical competencies gained from more than 20 years of diverse land development-focused engineering experience.
Senus has earned the trust of clients throughout the public and private sectors in Maine. Those relationships grew out of his leadership in projects like the Portland Foreside Development — a 1.4 million s/f mixed-use development reimagining Portland’s historic eastern waterfront — that are leaving their mark on the built landscape. Throughout his career as director of planning & design at the Portland Foreside Co. and previously as project/technical/employee manager at Woodard & Curran, he has also established himself as a leader through his management of dozens of development projects from property acquisition and due diligence through to design and construction.
Equally at home facilitating a public meeting or designing site improvements, Senus has a well-rounded portfolio that merges his relational and technical strengths and positions him to successfully lead multidisciplinary teams on complex projects. Along with an in-depth perspective of Maine’s regulatory landscape, he brings a familiarity with leading-edge sustainable engineering practices gleaned from forward-thinking project designs and his involvement with passivhausMAINE as treasurer. Senus’s demonstrated proficiency in integrating sustainability concepts in projects includes green infrastructure and water resources planning and design in urban contexts.
“Bringing on a leader with Dave’s versatile skillset and industry connectedness underscores our commitment to growing our presence in the Maine real estate market,” said Elizabeth Grob, New England real estate market leader. “Dave has the strong relationships, technical insights, and strategic acumen that will help grow our real estate practice and will bring our clients’ most challenging projects to fruition.”
Senus earned his Master of Science in Environmental Engineering from the University of Massachusetts at Amherst and his Bachelor of Science in Civil Engineering from Clarkson University. He is a licensed Professional Engineer in 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.