Hudson-Square-North-Hoboken

JLL Arranges $35.9M Loan for Refinancing of Hoboken Apartment Complex

by Taylor Williams

HOBOKEN, N.J. — JLL has arranged a $35.9 million loan for the refinancing of Hudson Square North, a 150-unit apartment complex located outside of New York City in Hoboken. The transit-oriented property offers one-, two- and three-bedroom units that average 890 square feet and are furnished with washers and dryers, stainless steel appliances and quartz countertops, as well as 2,739 square feet of retail space. Thomas Didio, Thomas Didio Jr., Carlos Silva and Salvatore Buzzerio of JLL arranged the 10-year, fixed-rate loan through Minnesota Life Insurance Co. on behalf of the owner, Ironstate Development.

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