SVN Affordable Arranges Jersey City Sale to Nuveen Venture
SVN Affordable | Levental Realty arranged the sale of a four-property, 412-unit portfolio in Jersey City’s Journal Square neighborhood to a joint venture between Hudson Valley Property Group and Nuveen, the asset manager of TIAA. Terms of the acquisition weren’t disclosed. The acquisition extends affordability across the properties and will include sustainable upgrades to the existing buildings.
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