Berkadia Negotiates Sale of Freepoint Hotel Cambridge, Tapestry Collection by Hilton in Cambridge, Massachusetts
Cambridge, Massachusetts – May 28, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the successful sale of the 121-room Freepoint Hotel Cambridge, Tapestry Collection by Hilton located in Cambridge, Massachusetts – one of the nation’s most desirable lodging submarkets.
Managing Director Denny Meikleham and Associate Director John Kluh of Berkadia Hotels & Hospitality led the transaction on behalf of the seller, New York-based Dune Real Estate Partners, and the hotel was acquired by Jignesh Patel and Robins Patel of Massachusetts-based JNR Management Inc.
Situated at 220 Alewife Brook Parkway, the hotel benefits from its dynamic and highly accessible location near MBTA’s Alewife Station and proximate to two of the world’s top universities, Harvard University and MIT. Furthermore, the hotel is surrounded by more than 4.5 million square-feet of existing office and lab space with numerous transformational area developments underway anticipated to spur demand growth for the foreseeable future.
Berkadia Hotels & Hospitality combines best-in-industry innovation, knowledge, and experience with the most comprehensive suite of products and services. Berkadia Hotels & Hospitality serves clients across the country, offering capital markets advisory, investment sales, underwriting and loan origination services as well as Life Company, and Proprietary Bridge Lending. As specialized partners, we empower clients to capitalize on the right opportunities at the greatest value.
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