Brattleboro, VT M&S Development welcomes Katie Stuart-Buckley to their team as development director. Stuart-Buckley’s experience as a municipal official, housing developer, and most recently as the commissioner of housing & community development in the Agency of Commerce & Community Development for the state, means she is qualified to support the M&S mission of Empowering Community Revitalization. As development director, she will lead M&S’ efforts to provide real estate development, capital sourcing, and deal-structuring services to projects which benefit economically challenged communities.
According to Stuart-Buckley, “The key to unlocking the rural economy is the revitalization of our historic downtowns and villages. At M&S, we work to reimagine Main Street for the 21st century by creating places for people of all ages and incomes to live, work and play.”
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.