Interest rates for commercial hospitality loans remain historically low. However, we are seeing them on the rise. The most favorable recent rates we saw in January ranged from 4.35% to 4.75%. Today we are seeing 4.8% to 5.25% or higher. The better your credit, the better the cash flow of the property, the better chance …
Extremely strong events and conference business with strong bed and breakfast income as well. Centrally located, on 31 private acres, large state of the art function center, Environmental Leader, alternative energy in place, commercial kitchen and laundry, bar and food service, and more. Disclosure with signed confidentiality agreement for qualified buyer. Contact me for details.
3.5 acres and 377 feet of water frontage on Moosehead Lake! 8 rustic cabins, owner’s single family home and an unparalleled view of Mount Kineo. Visit my website for more details and photos.
Wonderful all season camp with four fully equipped cabins with small kitchens, bath with shower, porches and a gorgeous view over Brassua Lake. Additional modular single family home with 2 bedrooms, 2 baths, living room, rec room, eat in kitchen and more. New float onsite and new doc drawings in place with LURC for future …
NEW PRICE! $525,000 – Brassua Lake Camps in Rockwood, Maine Read More »
I spoke to a client today and learned something a bit unsettling about a conversation that took place with an out of state business “counseling” agency. This client is looking for an inn with a good performing business like most of my clients are. They went to talk with this agency, who is an official …
Maine Banks ARE lending, at least the ones I’m working with… Read More »
Riverside Inn and Restaurant is very reasonably priced with a strong local business, offering 4 guest rooms with private baths, charming full service country inn style restaurant and private owners quarters, along the charming Machias River. See the listing details on my website.
For a couple years now, I’ve been marketing the Maine lifestyle. Individually, many of us have. But now, The Swan Agency Sotheby’s International Realty is focusing its marketing campaign in the same fashion as we see in this fabulous ad! I’m thrilled to be a part of this. And just in time for Thanksgiving. I’m …
The Swan Agency Sotheby’s International Realty’s new marketing campaign! Read More »
Myth: Maine is not grey and dismal all winter… Top to bottom 1-12 represent a photo taken each month of a sunrise or a sunset… Can you figure when each of these photos was taken?
I will be the first to admit I do see some spectacular real estate in my job. Historic inns and bed and breakfasts, restored to the glory of yesteryear always fascinate me. And I love stairways. And opulent canopy beds. And architectural details. They just seem to take you back in time…
Technology is just amazing… To view all QR Codes for my listings, visit my QR Code Photo Album
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’ 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.
