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Franklin Village

Franklin Village, a 132-unit family housing property in Derry, New Hampshire, was a victim of the 1980s real estate recession and was in serious financial trouble. The need to negotiate between the seller and FreddieMac complicated the purchase, but with the determination of the Silver Street Development team, the property has enjoyed a fiscal and physical transformation and has been a point of pride for the town of Derry since the purchase in 1995.

132 Units

Acquired: 1997

Investor: Lend Lease Real Estate Investments