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Two local real estate firms strike $102M deal for Chesterfield apartment complex - Vimarsana News

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.

Cumberland elects school board members, supports school budget - Vimarsana News

Cumberland elects school board members, supports school budget

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 […]

From hot tubs to handrails, the Mainely name sells, business owners say - Vimarsana News

From hot tubs to handrails, the Mainely name sells, business owners say

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.

Three-building downtown apartment portfolio sells for $29M - Vimarsana News

Three-building downtown apartment portfolio sells for $29M

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.

Levco buys 716-unit Chesterfield apartment complex for $106M - Vimarsana News

Levco buys 716-unit Chesterfield apartment complex for $106M

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.