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355 Unit Luxury Apartment Tower
Cambridge, MA

Client: The HYM Investment Group, LLC
Date: 2015
Services: Led Development, Financing, Disposition
Attributes: Rental Rate $0.75 Over Pro Forma; Market-Leading Amenities
Stories: 20
Sustainability: LEED Silver


Cambridge, MA

Project Summary

As a Project Executive for The HYM Investment Group, LLC, Mr. Bracken led the development of the 20-story luxury apartment tower located in Cambridge, Massachusetts. This role included forming a best-in-class development team, sourcing the financing for the project, overseeing the design and construction of the project and managing the disposition of the building. Despite a highly expedited schedule, this project was completed on-time and significantly under budget.

Fast Track Development Timeline
  • Aug. 2012: Commenced Schematic Design
  • Sept. 2012: Achieved unanimous Design Review approvals in the City of Cambridge
  • Apr. 2013: Commenced construction
  • Sept. 2014: Executed forward sale with Prudential Real Estate Advisors
  • June 2015: First units delivered
  • Aug. 2015: Final units delivered; closed asset sale