Ironstate Development Lands $90.5M Loan For Hoboken Multifamily | 1201 Hudson Street & 1 Independence Court | Max Custer, Thomas E. Didio, Jr | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

A $90,500,000 loan has been secured for a multifamily property in Hoboken. The property, located at 1201 Hudson Street and 1 Independence Court, is owned by Ironstate Development. The loan terms include a 10-year fixed-rate and supplemental loan.

Summary of transation details:

Property Type: Multifamily
Transaction Amount: $90,500,000
Market: Hoboken
Address: 1201 Hudson Street & 1 Independence Court

The loan was facilitated by brokers Thomas Didio Jr. and Max Custer from JLL. They represented Ironstate Development in the deal.

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Players

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3

Agents
2
Agencies
1

$13.5M Sold

$162M Sold

Details

Deal Summary

FINANCED

IMAGE: Thomas Didio Jr. & Max Custer DATE: 01/22/2021 ADDRESS: 1201 Hudson Street & 1 Independence Court MARKET: Hoboken ASSET TYPE: Multifamily LANDLORD: Ironstate Development BROKERS: Thomas Didio Jr. & Max Custer - JLL LOAN AMOUNT: $90,500,000 LOAN TERMS: 10-year, fixed-rate & supplemental loan

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Address1201 Hudson Street & 1 Independence Court

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