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Posted inLocal & State, News, Real Estate

Pain and joy of development: Renovation leaves tenant homeless, while couple builds dream condo on Munjoy Hill

Susan Morris and Chip Newell prepare to entertain on the deck of their Munjoy Hill condominium, with the Portland Observatory in the background at center. Newell, 68, and Morris, 55, are the developers behind 118 on Munjoy Hill, the luxury condominiums built on Congress Street at the crest of the Hill.​ Shawn Patrick Ouellette/ Staff […]

Posted inLocal & State, News, Real Estate

Landlord’s perspective: Raising prices is fair, but renters should get their money’s worth

Mike Drinan stands outside one of his South Portland apartment buildings. Drinan, who lives in Cape Elizabeth, owns several apartment buildings in Portland and South Portland, and his company manages house, condominium and apartment rentals for other property owners. “This business isn’t for the faint of heart,” he said. “You have to make sure everything […]