Friday, March 9, 2012

$400 million refinancing for five-property multi-housing portfolio closed by HFF


 WASHINGTON, D.C. – HFF announced today that it has arranged a $400 million refinancing for a five-property, 2,600-unit multi-housing portfolio located in Washington, D.C. and Hoboken, New Jersey.

HFF worked on behalf of Brookfield Real Estate Financial Partners to secure the floating-rate loan through M&T (FNMA). 

The properties average 98 percent occupancy overall and are located within the Washington, D.C. and New York City metropolitan statistical areas.

The HFF team representing Brookfield Real Estate Financial Partners was led by senior managing directors Bob Donhauser (top right photo) and Bill Asbill (lower left photo).

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 private equity.

Contacts:    
           
 ROBERT F. DONHAUSER                        
 HFF Senior Managing Director                     
 (202) 533-2500                                             
                                           

KRISTEN M. MURPHY
HFF Associate Director, Marketing
 (713) 852-3500

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