Year: 2014

Be Yourself…

This morning I watched a really funny video by a firecracker North Carolina real estate broker, Leigh Brown. And aside from causing laughter, it also made me think. Leigh blogged about being yourself. And minus (most of) the borderline potty-mouth, controversial subjects and the great southern accent, I do just that. I’m out there for …

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Looking to get into a lodging property before the start of the season but don’t want to carry the mortgage over the winter?

Did you know that some lenders will offer seasonal mortgages, where you make 4-6 large payments through the busy season and no payments in the slow season? We have several banks here in Maine that have hospitality properties in their portfolio and will offer seasonal mortgages. These lenders understand the nuances of tourism in Maine …

Looking to get into a lodging property before the start of the season but don’t want to carry the mortgage over the winter? Read More »

Looking for a strong seasonal lodging business?

We know in real estate it’s all about location, location, location. But in commercial real estate, it’s usually all about numbers, numbers, numbers. Sometimes it’s an emotional buy but sometimes it’s not and it’s all about the value of the cash flow. Claddagh Motel in Rockport, Maine has seen increased revenues over the past several …

Looking for a strong seasonal lodging business? Read More »