Masiello Group adds to Maine footprint with new office in South Portland

New residential real estate office now has 35 locations in northern New England

February 8, 2023

NH Business Review Staff,

The Bedford-based regional firm of Better Homes & Gardens The Masiello Group has expanded yet again, opening a new residential office in South Portland, Maine.

The new office gives The Masiello Group – among New England’s largest residential real estate groups –16 locations in Maine alone.

The firm also has 17 offices in New Hampshire and two in Vermont.

Jon Safford, the group’s sales director, said in a news release that the opening “represents our commitment to residents coming and going while navigating the fluctuating market, as well as allowing us to become a part of the surrounding businesses and wonderful community.”

The Masiello Group is a second-generation family-run business whose history dates back to 1966, when it was founded in Keene by Jim Masiello, father of the firm’s current CEO Chris Masiello.

Categories: News, Real Estate & Construction

More news from NHBR:

Commercial real estate broker David Choate looks back on 35-year career

NH Business Review interviewed Choate at the International Marketplace, located at the Pease International Tradeport, where Choate helped negotiate many deals over the years.

New initiative seeks workers and tourists to Monadnock region

The collaborative has some 475 members spread across communities in the region and representing a broad range of business, health care and education interests.

NH Fidelity employees returning to Merrimack campus full time

Fidelity Investments announced Wednesday that New Hampshire is one of four Fidelity sites that will transition to a full-time, on-site schedule beginning in September

North Country Healthcare report listening sessions

North Country Healthcare on Monday, April 13, released a report summarizing feedback from a series of community listening sessions held earlier this year across the region, highlighting widespread concern about access to care, staffing and communication, along with strong support for keeping local hospitals open.

Morrison Hospital Association files for bankruptcy

Morrison Hospital Association, a nonprofit senior care provider in northern New Hampshire, filed for Chapter 11 bankruptcy protection April 10, citing mounting debt — including a nearly $23 million federal loan — and lingering financial effects from the COVID-19 pandemic.

Business Mergers And Acquisitions Concept. Share Acquisition, As

2026 M&A market expectations

After two choppy years for dealmakers, 2026 is starting with a very different tone, one that many business owners have been waiting for. While the past few years brought tariff swings, interest rate volatility and a cautious lending environment, the fundamentals are shifting in a way that increasingly favors sellers, especially those in the lower-middle-market (LMM).