HFF Announces $146M Sale of the Rivington in Hoboken, New Jersey
HFF (HF)
Last hff earnings: 4/24 04:15 pm
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=205281&p=irol-irhome
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Source: Business Wire
FLORHAM PARK, N.J.--(BUSINESS WIRE)-- Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of The Rivington, a 240-unit, luxury apartment community in Hoboken, New Jersey. This transaction represents the largest apartment sale in New Jersey in 2018. The HFF team marketed the property exclusively on behalf of institutional investors advised by J.P. Morgan Asset Management. Equity Residential purchased the property free and clear of existing debt. The Rivington is situated at 1130 Grand Street in the heart of the dynamic northwest section of Hoboken, which offers commuters access into Manhattan via the Hoboken PATH Station, 14th Street Ferry Terminal and the NJ Transit bus line. Additionally, the property has a WalkScore® of 94 and is within blocks of multiple retail amenities along Washington Street as well as the 5.4-acre Northwest Park. Completed in 1999, The Rivington features 240 two-bedroo
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