Northpoint Land & Apartments - Cambridge, MA

CPRE Investment: In total, this $177.4 million investment capitalized the acquisition of an 18-parcel, transit-oriented, master-planned land site.

Collateral: This 43 acre urban infill land site is largely located in the City of Cambridge, and includes 4,891,262 square feet of residential and commercial entitlements, as well as a 20 story ground up 355 unit LEED® Silver certified residential tower with 179 above grade parking spaces, 8,722 square feet of retail space and an extensive amenity offering.

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