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Lenders Back Posh New Apartment Project in Cambridge, Massachusetts

Developers Toll Brothers, PGIM Real Estate Obtain $142 Million Construction Loan From Wells Fargo Bank, BNY Mellon
By Lupe Reyes
CoStar Research
December 4, 2020 | 10:49 P.M.

A joint venture between Toll Brothers Apartment Living and PGIM Real Estate announced they had secured a $142 million construction loan for a new, 525-unit luxury rental apartment property planned in the Alewife area of Cambridge, Massachusetts.

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News | Lenders Back Posh New Apartment Project in Cambridge, Massachusetts