Facebook Twitter LinkedIn Google Plus RSS

HFF works out $70M financing for Hoboken apartments

By ,

HFF, a Florham Park-based commercial real estate services provider, announced Wednesday that it has arranged $70 million in financing for Hoboken's Curling Club Apartments.

HFF worked on behalf of the borrower, made up of institutional investors advised by J.P. Morgan Asset Management, to acquire the fixed-rate loan through Nationwide Life Insurance Company. HFF brokered the sale of the property to the borrower in June.

The HFF debt placement team was led by Jon Mikula and Tom Didio, senior managing directors, and Samuel Seiden, associate director.

The 240-unit, Class A multihousing community includes four, five-story residential buildings above a single-level parking garage, plus a free-standing clubhouse and interior courtyard.

ALSO ON NJBIZ:

TOP 100 PRIVATELY HELD COMPANIES: No. 16 AmeriHealth feels it's expanding its business by limiting its territory

After just over two years, Revel closes its doors in Atlantic City

Salvona moves to Hamilton, shifts into hiring mode

More From This Industry

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 or @acerimrat on Twitter.

Leave a Comment

test

Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy

Comments

close
Subscribe to Our Newsletters!
Click Here to Subscribe for Free Now!