Field Notes
Monthly sales data, curated listings, and on-the-ground insight from Southern Maine. Written for buyers, investors, and anyone watching this market.
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What's moving in Southern Maine before the rest of the market finds out.
Deal flow, pricing shifts, and on-the-ground intel — once a month, on the 1st, from a broker who's actually closing deals here.
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Brent's take from the field — a conversation, a showing, something that caught his eye. Human, not data. Changes every issue.
One market or asset class, deep dive. What the data shows, why it matters, and what to do with it — backed by MLS and Moody's.
Local headlines filtered for investor relevance — zoning, legislation, development, and market shifts with real implications.
Lenders are writing again, but at lower leverage — and the gap comes out of equity. Maine industrial vacancy hit 4.77%, the highest since 2013, while almost nothing under 30,000 SF is listed for sale. Capital is rewarding what already works and punishing anything that needs optimism. Here's what that changes in a Maine underwrite.
The biggest federal housing package in decades became law July 11. The corporate-landlord ban and the conversion grants got the headlines — neither changes a Maine deal today. Three quieter provisions do, and why Maine may be studying for the wrong test.
A new Fed chair, a new regime, and an inflation scare that's already fading. The market's betting on a hike — I'm not. Here's the rate environment I'd underwrite to for the rest of the year.
Maine is the oldest state in the country with the emptiest senior-housing pipeline. More seniors than kids, facility closures stacking up, and multi-year assisted-living waitlists in Greater Portland. The demand is already here. The buildings aren't.
Capital is moving fast at the top of every asset class. Inventory is sitting at the middle and the bottom. Why Maine multifamily and industrial are particularly bullish from here.
Repriced. Constrained. Recovering. Four reasons institutional capital is reentering real estate, and what April's Southern Maine data confirms — with Amazon's Waterville/Sidney play as the deal of the month.
3,937 sales analyzed. York County vs. Cumberland: 350 basis points of cap-rate spread and where the data points capital next.
Q1 data, active inventory trends, and what out-of-state capital is targeting right now.
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