BREC Acquires Hotel In Cambridge, MA For $6.05M

An hotel located at 6 Prentiss Street in Cambridge, MA has been sold for $6,050,000. The property was acquired by BREC from the seller, Forsythe Realty Trust. The transaction took place on August 5, 2021. The hotel consists of 20 keys, with a price per key of $302,500.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $6,050,000
• Address: 6 Prentiss Street, Cambridge, MA
• Market: Cambridge, MA

Kevin Benzinger, Jason Weissman, Andrew Herald, and Nick Herz from Realty Advisors represented the seller in the deal.