The rise in Maine’s nonresidential real estate lending since the recession dramatically outpaced the nation’s. What’s behind this economic trend?
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness
Leaders of Maine’s family firms share strategies
During a panel discussion at Husson University, six describe how they deal with common pitfalls.
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Posted inBusiness, Maine, News
Cianbro looking to hire 300 skilled construction workers
The majority of available work is in Maine, but the general contractor also needs workers for projects up and down the Eastern Seaboard.
Posted inBusiness
Longtime champion of Maine nonprofits set to move on
Scott Schnapp, executive director of the Maine Association of Nonprofits, plans to step down next summer.
Posted inBusiness, News
Lewiston-based bank wants to create new trust company
Portland Trust Co. would be a spinoff of Androscoggin Bank’s trust department and would have offices in Portland and Lewiston.
Posted inMaine
Rescue at sea was close call for writer
He is taken from his sinking boat by a Maine Maritime crew who just happened to be near by.
Posted inBusiness, Maine, News
Maine builders urge passage of bond proposals
Pending bills would allow the state to borrow up to $250 million to improve infrastructure and build affordable senior housing.
Posted inBusiness, News
Windham business owner ordered to pay $26,000 into employee retirement plan
A federal judge rules that Timothy Seavey of Seavey’s Furniture & Appliance failed to deposit into the plan funds that had been withheld from workers.
Posted inBusiness
ACE Cash Express to offer repay plans before closing Maine stores in July
The announcement comes after one borrower said the payday lender told him he had to pay in full without installments.
Posted inBusiness
ACE Cash Express ends payday loans in Maine
A competitor says he’s been told that the company plans to close both of its stores in Portland and Brunswick.