An out-of-state investor’s purchase of two manufactured housing communities in Hopkinton has drawn federal attention after residents reported steep rent increases and declining home values under the new ownership, making it difficult for many to sell their properties.
U.S. Senator Maggie Hassan sent a letter Wednesday to Joel Mazur, CEO of Sado Capital, the Michigan-based investment firm that purchased Meadows of Hopkinton and Deer Meadow in December.
Hassan is asking the firm …