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A mixed-use property is one that contains bot residential apartment units as well as commercial space.
The developer received a $58.4 million construction loan and a $55.6 million refinancing through HUD programs.
"The Grocery Store Effect": New Report Shows Grocery Store Openings Positively Impact Multifamily Rents
A new report published by Newmark Knight Frank, titled “The Grocery Store Effect” delves deep into the impact that a nearby grocery store opening can have on the desirability and rent prices of multifamily real estate.