Bedford, NH On June 8th TFMoran hosted the annual NH Commercial Investment Board of REALTORS (NHCIBOR) awards cookout. Over one hundred NHCIBOR members and TFMoran staff were on hand to network and enjoy grilled meats and summer salads by the Wine’ing Butcher of Bedford.
TFMoran’s president, Robert Duval, welcomed the members and thanked TFM staff for their efforts in making the event a success.
NHCIBOR president Kathy DeMello presented Bob Marchewka of One Commercial Real Estate LLC with the Realtor of the Year award, and Bill Jean of Fulcrum Associates, Inc. with the Affiliate of the Year award. The traditional “awards cake” was presented to Marchewka and Jean, who did the honors of cutting the first pieces. The gals from The Inside Scoop, topped off the cake with a scoop of delicious Richardson’s ice cream.
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.