As the number of COVID-19 cases begins to decrease, the State of Maine is adopting a staged approach, supported by science, public health expertise and industry collaboration, to allow Maine businesses to safely open when the time is right.

  By: Kent White, Principal Broker | Partner Over the past 25 years, I have grown accustomed to having a schedule. I wake up at 4:45 am, go to the gym, have breakfast with the kids, and then leave for the office. It’s a routine that I enjoy and appreciate now more than ever. Currently, the gym is closed, the … Continue reading A Candid Reflection of COVID-19’s Impact on Commercial Real Estate

  Looking back at my presidents message in March, I spoke about the need to be able to adjust in commercial real estate, with my direct quote being “you may never know what the next day / week / month will bring.” As I look back at that sentence I don’t think I could have even begin to have imagined … Continue reading No Doubt Our Industry Will Be Changed

  I have never been one to work from home.  I like going to the office every morning.  I like the routine of it.  My desk, computer, my files, my fast printer that can scan more than one page at a time, but most of all I enjoy being with all of my co-workers, clients, and OTHER PEOPLE.  I realize … Continue reading Our Work Environment: Home vs. Not Home

  On April 9th, 2020, the IRS published Notice 2020-23  in which the IRS extended a number of deadlines for tax return filings and a select number of deadlines imposed under the Internal Revenue Code in response to the COVID-19 pandemic.  As a result, individuals, corporations, trusts, estates and other taxpayers that ordinarily would have had a filing, payment or … Continue reading IRS Deadline Extensions for 1031 Exchanges & Opportunity Zone Investors

  On Wednesday, April 8th, 2020, Governor Janet Mills signed an Executive Order   allowing remote notarization. The Order, effective immediately, temporarily suspends the provisions of Maine law that require the physical presence of a notary or witness with certain exceptions. The Order permits Maine people to conduct important business that requires sworn statements or affidavits with minimal in-person interaction. … Continue reading Maine Adjusts Notarization and Acknowledgement Requirements

  On Friday, April 3rd, 2020, Governor Janet Mills issued an Executive Order mandating that travelers arriving in Maine self-quarantine for 14 days to lessen the spread of COVID-19. The Order exempts individuals who are providing essential services as defined by Governor Mills’ March 24th, 2020 Executive Order. “To slow the spread of this deadly virus and prevent our health … Continue reading Governor Mills Issues Executive Order Mandating Quarantine Restrictions on Travelers Arriving in Maine 

  On Tuesday, March 24th, 2020, Governor Janet Mills signed an Executive Order mandating that all non-essential businesses and operations in Maine close their physical locations that are public facing. Non-essential businesses may continue to operate provided they (a) do not allow customer, vendor, or other visitor in-person contact; (b) do not require more than ten workers to convene in … Continue reading State of Maine Essential Business List

  On Behalf Of Portland Downtown:   The City of Portland is issuing the following updates related to its COVID-19 response and resources. City Hall & City Buildings Closed to External Visitors Until April 13 City Hall and all City buildings will now remain closed to external visitors until April 13 instead of March 30. All non-essential staff who can … Continue reading Portland Issues COVID-19 Related Updates on City Services

                    By Drew Sigfridson After a fantastic, but abbreviated trip to Austria in early March, I now find myself in a 14-day self-quarantine. My family and the partners at my office thought it would be prudent to take additional precaution and have me live “upta camp” at the lake… by myself. … Continue reading Let us know how we can help you plan your future.

Federal Resources:   U.S. Small Business Administration Disaster Loan Assistance Online Application  SBA Local Assistance  Capital Access – Incidents can strain a small business’s financial capacity to make payroll, maintain inventory and respond to market fluctuations (both sudden drops and surges in demand). Businesses should prepare by exploring and testing their capital access options so they have what they need … Continue reading Federal Resources

New Hampshire Resources:   NH Department of Health and Human Services COVID 19 NH Business Resources

State of Maine Resources:   Unemployment: On March 17, Governor Mills and the Legislature enacted bipartisan legislation to increase flexibility in Maine’s unemployment benefits program. It expands eligibility for benefits to people who are affected by COVID-19 but have not lost their job. The full text of the legislation can be found here. FAQ: Unemployment Insurance FAQs Regarding COVID-19 document … Continue reading State of Maine Resources

Friends and Clients, The environment is changing rapidly for all of you: our clients who are commercial tenants, landlords, developers and property owners. All of us are impacted by the current situation and we all will assist each other in different ways. Our team at The Boulos Company is prepared to assist our clients and community as challenges and difficult … Continue reading A Note From Our Managing Director – COVID 19