49 Gloucester Street Update
Back Bay Property Mortgaged for $18,3 Million
Boston-based, Kensington Investment Company has mortgaged their property at 49 Gloucester St in Bostons Back Bay neighborhood for 18,330,723.40 million via Eastern Bank. The property was acquired by the company in March for $6.1 million.
The building is located on the corner of Gloucester and Boylston, directly across from the Prudential Center, and is composed of ground-level retail with two stories of apartments above.