commercial market

The Maine Hospitality Market – Why Now Remains A Good Time To Buy

2022 WAS ONE OF THE BEST YEARS ON RECORD FOR HOSPITALITY SALES…AND THE OUTLOOK FOR 2023 AND BEYOND IS BRIGHT! The past several years have been unprecedented…marked by the Pandemic, international unrest and a fluctuating financial market. And for good reason, this has caused some pause for many new buyers considering a transition into the […]

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How Did Covid Affect Hospitality Brokerage and Tourism?

This image is just a partial compilation of our 2021 hospitality sales. Our team was on fire and so were buyers! This is Maine, can you blame them for wanting to buy a hospitality business here? We can’t either! Covid caused people from more populated areas to want to move to Maine, with more open

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2014 seems to be bringing a lot of activity!

With Acadia Cottages soon to settle, Ducktrap Motel around the bend, Inn on Carleton not too far behind and a classic coastal inn recently under agreement, 2014 is looking up for both buyers and sellers! These three I’ve named are all completely different types of lodging properties: near Acadia National Park, Acadia Cottages offers 11

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I’m often asked “How’s the B&B market doing?”……….

The commercial and residential real estate markets are two different animals. Commercial real estate relies on valuation based on the performance of the business while residential real estate relies on the performance of the market, or what the buyer is willing to pay and can afford to pay. We’ve heard for years now that the

I’m often asked “How’s the B&B market doing?”………. Read More »