Urbane Update 09/28/23

Alewife Multifamily Trades for $182M

An LLC linked to Goldman Sachs has acquired the new construction multifamily property, Hanover North Cambridge for $182,000,000. The brand-new 294-unit apartment community features luxury finishes and amenities. The community is built over a two-level podium offering two levels of covered garage parking with over 26,000 SF of indoor and outdoor amenity space. Additionally, there is a 7,000 SF retail space leased to a restaurant tenant that will provide another on-site amenity to the residents.


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