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 fantastic new listing just came to the market just steps from Long Sands Beach and Nubble Light. The Lighthouse Inn and Carriage House is located in York Beach’s most sought-after neighborhood, on The Nubble! There are 31 rooms; a large lobby/great room with stone fireplace; outdoor pool and hot tub; patio with umbrella tables; …
New Listing! The Lighthouse Inn & Carriage House in York Beach, Maine Read More »
This fun and newly renovated pub offers great food and service and has been a landmark in Maine’s River Valley for many years. Strong food and beverage revenue, with the lodging side of the business just beginning. There are 11 guest rooms with private baths and 3 rooms currently used for storage which could be …
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.
