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Waterville City Council to consider final vote on proposed $46.5 million municipal, school budget centralmaine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from centralmaine.com Daily Mail and Mail on Sunday newspapers.
A 'healing and hopeful environment': When new, one-stop Cancer Center may open in South Hall gainesvilletimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gainesvilletimes.com Daily Mail and Mail on Sunday newspapers.
GenX Lending to provide liquidity for illiquid LP and GP interests New program allows real estate entrepreneurs the ability to monetize their LP and GP equity interests in cash flowing assets and use this capital for other deals Sponsored content provided by GenX Lending Share GenX Capital Partners, LLC, parent company of bridge lender GenX Lending, recently closed $6.7 million in preferred equity for 1122 West Chicago, a $33 million luxury multifamily development in downtown Chicago. In no other industry is the adage “cash is king” more relevant than in real estate development and acquisitions. Far too many times, real estate entrepreneurs will come across exciting and profitable opportunities only to be shut out because their equity is tied up in other projects. If they could free up this capital, they would be able to pounce on additional deals and, more often than not, increase the return their illiquid position is currently generating. ....
Read Article WATERVILLE City officials plan to evaluate Waterville’s housing stock by forming a committee comprising two city councilors and up to six other residents who are involved in housing matters. “We know that we have a housing crisis,” Mayor Jay Coelho said Thursday. “We don’t have enough.” If the city wants more people to move to the area, officials must determine what the housing situation looks like, what mix of housing the city needs single-family homes, rental units and so forth and then see what can be done to effect change, according to Coelho. “There’s a ton of housing options,” he said. “What do we want Waterville to look like in the future? I think that’s part of what this group will explore.” ....
Mattson plans up to 80 residential units in former Seton Hospital Developer says the project will cost $8 million to $10 million and could start as early as next spring. Share A large crowd of supporters watch as officials take part in a groundbreaking ceremony for the Woodfords Family Services building on Chase Avenue in Waterville. The center will be on the same site as the former Seton Hospital, which developer Kevin Mattson said Tuesday he plans to turn into apartments. Staff photo by David Leaming WATERVILLE An $8 million to $10 million development of 70 to 80 apartments in the former Seton Hospital, most recently part of MaineGeneral Medical Center, could start as early as next spring, according to one of the developers. ....