Mainebiz

July 14, 2025

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W W W. M A I N E B I Z . B I Z J U LY 1 4 , 2 0 2 5 F O C U S H E A L T H C A R E / W E L L N E S S 17 Building a way out of crisis Portland-based Developers Collaborative has built nearly a dozen senior housing projects across the state and is one of Maine's largest developers of affordable housing. In addition to Maine having the highest elderly population in the nation, the state is also a favored destination for out-of-state retirees who enjoy the scenery and lifestyle. e population blend is furthering the demand, accord- ing to Developers Collaborative partner, Kevin Bunker. "You have these two groups colliding nationally, and this population increase, this 'silver tsunami,' then you also have Maine being a net beneficiary on top of that, because people want to come here. So, it's about managing that demand without losing the quality of what makes Maine special in the first place," he says. Developers Collaborative's portfolio includes a mix of new complexes and historic buildings with affordable hous- ing and market rate units meaning that residents who are paying $800 a month are near those who paid $800,000 for a condo, underscoring the wide economic diversity of Maine's senior population. C O N T I N U E D O N F O L L OW I N G PA G E » Pure Water. Pure Confidence. Custom DI Solutions from Culligan. Culligan Deionizer Exchange Systems provide high-purity water essential for industries like laboratories, electronics manufacturing, food & beverage, healthcare, and more. Using advanced ion exchange resins, we remove impurities to meet your facility's exact standards. Our DI solutions are customizable and supported by expert service technicians who regenerate or replace tanks as needed. Whether you need new tanks, regeneration of your existing ones, or a rental solution—we've got you covered. Call us today at (207) 846-5061 or visit WTE-Inc.com to customize your DI solution. Let Culligan deliver the purity your process demands. Starting in 2019, Northeast Pain Management sought out an ownership model to fund succession, attract top physicians, and maintain independence. "Bellview showed us the ESOP model and how it's well suited medical practices," Dr. Wise recalls. The plan enabled two seamless physician transitions and provided more attractive compensation packages. Now, employees see "[their] work translated onto paper." Looking ahead, Dr. Wise sees the ESOP as a launchpad for growth: "My goal is to move to a bigger facility, and build complementary lines for adjacent medical practices." 207-669-2254 inquiries@bellviewassociates.com bellviewassociates.com Dr. Eric Wise, President Northeast Pain Management "The ESOP Bellview built gives our independent pain‑management practice the level footing we need to compete with hospital giants." P H O T O / C O U R T E S Y O F W E S T B RO O K D E V E L O P M E N T C O R P O R AT I O N P H O T O S / C O U R T E S Y O F D E V E L O P E R S C O L L A BO R AT I V E Tyler Norod, development director for Westbrook Development Corp., advocates for more affordable options as seniors and younger generations each vie for housing. Kevin Bunker, a partner at Developers Collaborative, cites rising construction costs and high interest rates as challenges in meeting the demand for senior housing.

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