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HFF secures pair of deals

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Florham Park-based HFF announced Wednesday that it has secured an $80 million refinancing and closed a $29 million leasehold interest sale.

The $80 million refinancing was for North Independence at The Shipyard, a 185-unit luxury multi-housing community in Hoboken. HFF placed the 12-year, fixed-rate loan on behalf of Ironstate Development, a Hoboken-based development firm.

The $29 million sale was for 1 Emerson Lane, a light industrial property in Secaucus. HFF marketed the property for Trinity Place Holdings, which has holdings in Paramus, among other areas.


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Eric Strauss

Eric Strauss

Eric Strauss is the digital content editor for NJBIZ. He has been a reporter and editor for newspapers in New Jersey and Pennsylvania, as well as for a number of websites. You can contact him at erics@njbiz.com.

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