HOBOKEN, NJ–HFF has arranged an $80 million refinancing for North Independence at The Shipyard, a 185-unit apartment building at Ironstate Development's community here.
HFF placed the 12-year, fixed-rate loan with a life insurance company, but declined to disclose further details Tuesday.
Last year, HFF had orchestrated a $72 million refinancing for The Vanguard at The Shipyard, a 196-unit building with ground-floor retai. That loan was also placed with a life insurance company.
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