A Pittsburgh-based real estate investment firm arranged $170 million in financing for a newly completed 50-story apartment tower in Jersey City, N.J. HFF Inc. worked on behalf of Ironstate Development and Panepinto Properties to secure the 10-year, fixed-rate loan for 70 Columbus through Northwestern Mutual Real Estate. Loan proceeds were used to replace existing construction financing, HFF (NYSE:HF) said. The 545-unit building was designed by Gwathmey, Siegel, Kaufman and Associated Architects.
Hff Secures $175m In Financing For 50-story Tower
Patty Tascarella, Biz Journals
Wed, 04/13/2016 - 8:07am
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