HOBOKEN—HFF has arranged a $400 million refinancing for a five-, 2,600-unit multihousing portfolio located in Washington and Hoboken.
HFF worked on behalf of Brookfield Real EstatePartners to secure the floating-rate loan through M&T (FNMA).
The properties average 98 percent occupancy overall and are located within the Washington andCity metropolitan statistical areas.
The HFF team representing Brookfield Real Estate Financial Partners was led by senior managing directors Bob Donhauser and Bill Asbill.
Brookfield is a global alternative asset manager with approximately $150 billion in assets under management. The company has over a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and.