There are no shortage of inn buyers or sellers these days. It’s almost as if the pandemic has placed an opportunity to hit the reset button, giving many a reality check of what’s important. But are the banks lending? That’s the question on everyone’s mind. I closed one inn in February this year. Then Covid […]
The Lending Climate for Hospitality During a Pandemic… Read More »
I haven’t even had a chance to post what has sold since my last ‘sold’ blog post March 29th. 1802 House in Kennebunkport (buyer rep), Limerock Inn in Rockland (seller rep), Bar Harbor Cottages and Suites in Bar Harbor (buyer rep) and James Place Inn in Freeport (seller rep). All between April 30th and June
FOUR more inns sold since my last blog post? YES! Don’t miss out, things are moving… Read More »
The Lighthouse Inn and Carriage House on Nubble Road sits just up from Nubble Light and steps to both Long Sands and Short Sands Beach. 31 units, many rooms with decks and views, pool hot tub, lovely patio and wonderful hospitality! I was pleased to represent the seller. This is West End Inn, a 6
Two More Maine Inn Sales! York Beach and Portland, Maine… Read More »
Last week both Edgewater Inn in Kennebunkport and Blue Harbor House in Camden both changed hands! Edgewater, pictured first, is located on Ocean Avenue in the heart of town, just up from beaches, shopping and the Bush compound. A lovely 12 room boutique inn that was fully renovated and rebranded in 2012. I was pleased
Two Maine Inns Sold 3/15/19! Kennebunkport and Camden… Read More »
A big congratulations goes out to seller Jackie Hogg and John Atkinson and buyer Sarah Dunagan on the transfer of this beautiful property today. The buyer has wonderful plans to take the inn to the next level with B&B stays, events and weddings. And eventually they plan to offer dinner. It will be a great
SOLD! 1774 Waterfront Inn in Phippsburg, Maine Read More »
We are pleased to announce the sale of Camden’s Windward House Bed and Breakfast today! Sellers Kristen and Jesse Bifulco passed along this lovely and well cared for inn to Matt Dempsey and Dan Hall. I represented the sellers and Eliot Dalton, a B&B Team affiliate, represented the buyers. WELCOME TO THE INNKEEPING WORLD, MATT
SOLD IN CAMDEN! Windward House Bed and Breakfast Read More »
This 33 unit waterfront resort sits just a few miles north of Camden on the Penobscot Bay. And in terms of lodging properties, wasn’t on the market long (about a year). It offers a mix of motel units and individual cottages with fantastic views AND sounds of the ocean! My colleague Rick Wolf represented the
SOLD 4/4/17! Glenmoor By the Sea Resort in Lincolnville, Maine Read More »
This wonderful historic inn designed by John Calvin Stevens just sold today. Congratulations to my sellers and to the new innkeepers. We wish them all the best!
SOLD! Atlantic Birches Inn in Old Orchard Beach, Maine Read More »
Congratulations to Victoria, the new owner/innkeeper of the lovely and popular West End Inn and to sellers Deb and Scott. My colleague Rick Wolf represented the buyer and I represented the sellers. Today was a great way to start 2017! We wish them all well in the next chapter of their lives.
SOLD! The wonderful West End Inn in downtown Portland Maine! Read More »
Congratulations to my buyers and future innkeepers, Todd and Angie! They closed on the former Island View Inn in Sullivan, Maine and plan to renovate and reopen this beautiful waterfront cottage sometime this summer. I know I can’t wait to visit!
SOLD! This waterfront inn in Sullivan, Maine, across Frenchman Bay from Bar Harbor Read More »
The rates we have been seeing in hospitality and commercial lending in Maine for years had been relatively and historically low for commercial loans. However, in recent times they have increased quite a bit. Contact me to discuss current rates we are seeing with our hospitality lenders.
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.
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