Recent news by the Lowell Sun of the UMass purchase of Perkins Lofts and how it has upset the city manager of Lowell. Over the next year as leases expire UMass will not be renewing leases of approximately 200 families residing at Perkins Lofts.  Perkins Lofts were completed around 2010 as rental units. What has the City manager upset is 3 fold. First is the displacement of 200 families in an already tight Lowell MA Real Estate market.   Lowell real estate inventory is way down and is … Continue reading...