The Freeport Village Station retail center, which is valued at $32.5 million and includes an L.L.Bean outlet, is scheduled to be auctioned Wednesday as part of a foreclosure.
real estate
Posted inBusiness
MEREDA shifts forecasting conference to February
The Maine Real Estate & Development Association also will introduce new presentation options when it holds its annual forecast conference on Feb. 29.
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Posted inMaine Voices, Opinion
Maine Voices: Calls for aggressive housing development miss bigger picture
The consequences of overdevelopment aren’t being given sufficient consideration.
Posted inBusiness
Have home prices bottomed? While low housing inventory stymies sales, bidding wars prop up prices
The combination of high borrowing costs and intense competition for affordable homes is keeping many first-time buyers on the sidelines.
Posted inOp-eds, Opinion
Commentary: Coastal real estate can’t seem to price climate risk
Too few homebuyers have the right information to make decisions amid rising sea levels. Some states are moving in the right direction, but not enough.
Posted inBusiness, News
Linda Bean sued for $228,000 by Boulos Co. over real estate dispute
The granddaughter of L.L. Bean allegedly failed to pay the firm a required commission related to the sale of a retail building in Freeport.
Posted inBusiness, Maine, News
Bayside housing development one step closer to construction
The Portland Planning Board unanimously approves the project’s master plan, but neighborhood residents have questions about the details and urged the developers to establish some sort of neighborhood advisory panel.
Posted inBusiness, Maine, News
At $10 million, one of the priciest homes in Maine history goes to former SEC chair
Richard Breeden, known as ‘King Richard’ at the Securities and Exchange Commission, bought the Knox County estate in the most expensive home sale so far this year and the 6th-highest ever in Maine.
Posted inBusiness, Maine, News
Historic Portland tower a step closer to housing, but affordability is a question
Developers who bought the People’s United Bank building for $9.2 million in 2019 plan to convert the 10-story building in Monument Square into 63 one- and two-bedroom market-rate apartments.
Posted inBusiness, News
With a significant price increase in April, Maine’s housing market may be heating back up
The lack of inventory again hampered sales, but bidding wars are starting to resume and prices rose by more than 6%.