The Mayo Group maintains a highly diversified property portfolio. This diversified approach is also reflected in our development activities. The core of our real estate
business is the acquisition, development, construction and management of quality, moderately priced housing for working people. Multifamily housing, both in the acquisition
and improvement of existing properties and in the ground-up development and construction of new opportunities, represents the largest component of Mayo Group’s property
holdings and our development program. Most of the commercial property portfolio is located in the New England area and it ranges from restored properties in Lynn’s Central
Square to retail and industrial buildings in Southern New Hampshire.
As Mayo Group has continued to grow and expand, we have undertaken new opportunities throughout the United States in areas such as Texas and Georgia. Typically, Mayo
Group looks for underperforming properties and seeks to add value through strategically placed investments and improvements. This “value added” philosophy combines prudent
expenditures and a planned exit strategy in a focused effort to achieve acceptable returns.