Two local real estate firms strike $102M deal for Chesterfield apartment complex
The deal, which closed just before year's end, equates to $158,000 per door and marks the largest apartment sale in the region in 2023.
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The deal, which closed just before year's end, equates to $158,000 per door and marks the largest apartment sale in the region in 2023.
Cumberland residents voted Tuesday to fill two Town Council seats, as well as two School Administrative District 51 school board seats. Running for Town Councilor At-Large were Baily Douglass, who served previously on the Cumberland Bicentennial committee, and Scott Jordan, a U.S. Army veteran with experience in the nonprofit sector. Douglass won a 967-vote, or […]
Hundreds of businesses across the state share the same first name – Mainely – and find it's an effective way to brand just about any product or service.
The seller, locally based Levco Management, had purchased the buildings and their 126 units between 2015 and 2018 for a total of $18.5 million.
The purchase price for the Crystal Lakes Apartments equates to just over $148,000 per door. It last sold for $37.5 million in 2017.