Login

Goldman Sachs-Advised Investment Fund Acquires Luxury Apartment Complex in Cambridge

CBRE Arranges $182 Million Sale of Hanover North Cambridge on Behalf of The Hanover Co.
The 294-unit Hanover North Cambridge sold in a top third-quarter deal for $182 million. The asset was one of three apartments built by Texas-based multifamily developer The Hanover Co. in the Cambridge submarket. (CoStar)
The 294-unit Hanover North Cambridge sold in a top third-quarter deal for $182 million. The asset was one of three apartments built by Texas-based multifamily developer The Hanover Co. in the Cambridge submarket. (CoStar)
By Connor Kirk
September 29, 2023 | 7:58 P.M.

Texas-based multifamily developer The Hanover Co. and its institutional investment partner, Sarofim Realty Advisors, sold Hanover North Cambridge, a recently built luxury apartment complex located at 50 Cambridgepark Dr. in Cambridge, Massachusetts, for $182 million.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE