BLDUP Newsletter

Luxe at Alewife Update 05/24/20

Cambridge Multifamily Refinanced for $85M

Guardian Life Insurance Company has refinanced Luxe at Alewife for $85M via The Hartford. The modern, 254 unit apartment complex offers studio through 3-bedroom homes along with an array of amenities including a fitness center, media room, and resort-style pool. Guardian purchased the property from the developer, Hanover Company in December 2019 for $150M.

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