Deborah Gutoff

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  • Mixed-Income Community Breaks Ground in MA

    A joint venture is developing Mass+Main, a $190 million project that will feature 248 market-rate and 60 affordable units. The property is slated for a mid-2020 completion.

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    The $12.7 million loan will go into acquiring and upgrading a 144-unit community near Oakland University in Auburn Hills, Mich. The owners are Andover Real Estate Partners and M Group.

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    After the expiration of the original affordable restrictions, the 102-unit community in Stoughton, Mass.,underwent significant renovations, including landscaping and parking improvements.

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