I’ve been buried in new listing paperwork, but that is a good thing. More on the market from which buyers can choose. Before I get into those listings, the lender who closed my last inn deal said commercial rates are hovering just under or around 4.5%. I was floored. I had been quoting 5%, then […]
A LOT HAS HAPPENED IN THE LAST TWO MONTHS! Read More »
Inn on Carleton in the West End neighborhood of downtown Portland transferred ownership on September 5, 2018. With Portland’s ever changing and growing tourism and commerce, it’s no wonder there’s interest in inn ownership here. We wish Leo and Patty, the sellers, and Jim, the buyer, all the best of luck in their endeavors! And
SOLD in Portland, Maine! Inn on Carleton… Read More »
Here’s a new opportunity to be a part of Portland’s ever changing, thriving tourism and hospitality industry. Inn on Carleton is one of a small handful of very successful small bed and breakfasts in Portland, where we see occupancy rates that far exceed the national average. You can live in a wonderful small working waterfront
New Inn Listing in Maine’s HOT city of Portland! Read More »
Just listed! West End Inn in Portland’s coveted West End District is offered at $1,295,000. Very strong financials, particularly for a 6 room inn. But Portland is hot and continues to grow in business, tourism, the arts and the food scene. West End Inn consistently remains one of the top rated inns on TripAdvisor. There
New bed and breakfast listing in Portland, Maine! Read More »
The rates we have been seeing in hospitality lending in Maine for years have been relatively and historically low for commercial loans. However, they keep changing very quickly. Contact me to discuss current rates.
Not everyone who is a licensed real estate agent is a Realtor®?
A Realtor® is a licensed real estate salesperson who belongs to the National Association of Realtors®, the largest trade group in the country. Realtors® are held to a higher ethical standard than licensed agents and must adhere to a Code of Ethics. Some Realtors® are brokers, while some are associate brokers or sales agents. These are varying levels of education, licensing and often responsibilities.
And hospitality ‘Consultants’ or ‘Brokers’ who are not licensed in the state of Maine are not held to any standards the way we are here as licensed Realtors® in Maine, where consumer protection is paramount.
I am a REALTOR®, a real estate professional who has taken the extra step to belong to the National Association of REALTORS®. Through membership, I abide by a Code of Ethics and have gained expertise to help you navigate one of the most complicated and important transactions you’ll make in your lifetime.
