Twining Properties and MassPRIM Close $110 Million Financing for Mass+Main

June 5, 2018
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CAMBRIDGE, MA – Mass+Main, a mixed-income residential community developed by Twining Properties in partnership with MassPRIM, announced that the development has closed $110 million of combined financing provided by New York Life Insurance Company ($103 million) and East Boston Savings Bank ($7 million).

Boston Community Commands Record-Breaking Price

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CLPF Residences at Seaport has acquired Watermark Seaport from Skanska and Twining Properties for $60 million. The deal represents the highest price paid per unit for a multifamily project in the city.

by Keith Loria | Multi-housing News

CLPF Residences at Seaport LLC has acquired Watermark Seaport, a 301,000-square-foot multifamily development in Boston from Skanska and Twining Properties. The deal represents the highest price paid per unit for a multifamily project in Boston. CLPF Residences is scheduled to take ownership of the development in the first quarter of 2018.

Twining Properties breaks ground on $190 million mixed use development known as Mass+Main

New England Real Estate Journal | Cambridge, MA

Twining Properties, joined by state treasurer Deborah Goldberg and mayor Denise Simmons, broke ground on Mass+Main, a 308,000 s/f development in Central Sq.

The $190 million Mass+Main development is a joint venture between developer Twining Properties and its capital partner Mass PRIM. Construction of the three buildings will be completed in phases from fall 2018 through mid-2020.

Mixed-Use Development Mass and Main Breaks Ground in Cambridge

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By Dana Forsythe, Patch Staff

CAMBRIDGE, MA - Twining Properties recently broke ground on Mass+Main, a 308,000-square-foot development in Cambridge's Central Square.

Designed by CBT Architects, the project is targeted for LEED Gold certification and will include sustainable features like green roof terraces, energy tracking, wind energy and smoke-free apartments.

The massive development project along Massachusetts Avenue broke ground this week in Cambridge.

The massive development project along Massachusetts Avenue broke ground this week in Cambridge.

Mixed-Income Community Breaks Ground in MA

by Evelyn Jozsa | Multi-Housing News

A joint venture is developing Mass+Main, a $190 million project that will feature 248 market-rate and 60 affordable units. The property is slated for a mid-2020 completion.

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“The affordable housing and mixed-income elements of this development give families an opportunity to stay and live in Cambridge,” said Deb Goldberg, state treasurer of Massachusetts, in a prepared statement.“Prim, representing the public employees and taxpayers of Massachusetts, is proud to invest in projects like this that prioritize affordable and mixed-income housing in a way that supports our communities. This is an example of that commitment.”

Twining Properties Breaks Ground on 308 Apartment Mixed Use Development in Central Square, Cambridge

Boston CityBizList

Twining Properties, joined by State Treasurer Deborah Goldberg and Cambridge Mayor E. Denise Simmons, today broke ground on Mass+Main, a 308,000 square foot development in Cambridge’s Central Square. The project will create 308 mixed-income apartments and 17,000 square feet of retail overlooking Lafayette Square, on the MBTA’s Red Line and between MIT and Harvard University.

Central Square’s Mass + Main on its way to altering the Cambridge skyline - 195-foot tower

by Tom Acitelli | Boston CURBED

Construction has started on Mass + Main, a project that will add three buildings and 306 apartments to Cambridge’s Central Square.

One of those buildings will run to 19 stories and 195 feet, placing it among the tallest in Cambridge (though a proposal down the road in Kendall Square might render that height quaint in a bit).

Central Square tower looms over changing neighborhood

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By Tim Logan | Globe Staff

The look of Massachusetts Avenue in Central Square hasn’t changed much for decades, with its mishmash of squat storefronts and low-rise brick buildings from an earlier time. That’s about to change.

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New Haven mixed use complex Is Sold

New Haven Register | Luther Turmelle

The ownership of one of the city’s newest mixed-use complexes has been sold for $39.6 million.

The property was purchased by a limited liability company, 1245 Chapel Street ... a directory of registered businesses lists 1245 Chapel Street LLC’s business address at the same location as Twining Properties, a New York City-based company.