The City of Springfield, MassHousing, MassMutual, MGM Springfield, WinnDevelopment and Opal Real Estate Group jointly announced the closing of construction financing ($48.5 Million in funding) and the conveyance of 31 Elm Street in downtown Springfield. Together, these project milestones will allow WinnDevelopment and Opal Real Estate to transform the historic former Court Square Hotel at 31 Elm Street, Springfield, MA into 74 new mixed-income rental homes.
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