This year’s conference, held at the Cross Insurance Center in Portland on Jan. 26, had a crowd of 750-plus attendees, who were there for the showcase and more than a dozen presentations.
Although the real estate industry is dealing with higher interest rates, construction costs, supply chain issues and other challenges, business is still being done, as the recent MEREDA conference showed.
Coming off three strong years, more than 750 attendees at the MEREDA Real Estate Forecast Conference heard mixed news about sectors of the real estate market, with concerns about interest rates, tight inventory and the prospect of a recession.
Health care is a primary market: the service had huge demand during the pandemic. With a solid presence in southern Maine, northern Maine is its next strategic location.