HFF Arranges $10.8M Acquisition Loan for Multifamily Building in Hoboken

HOBOKEN, N.J. — HFF has arranged $10.8 million in acquisition financing for a 30-unit apartment property in Hoboken. Located at 204 Grand St., the six-story property was built in 2000 and consists of five one-bedroom and 25 two-bedroom units. The property was fully occupied at closing. Jamie Leachman, Drake Greer and Michael Klein of HFF secured a four-year, floating-rate loan for the borrower, Spirit Bascom Ventures, through lender Citizens Bank.

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.

Related News

Webinars on Demand


Read the Digital Editions

Heartland Recent Issue

Northeast Recent Issue

Southeast Recent Issue

Texas Recent Issue

Western Recent Issue

Shopping Center Business

California Centers

Ancillary Retail

Student Housing Business

Seniors Housing Business

Featured Properties