Investment group acquires 30-unit rental property in Hoboken (UPDATED)

A joint venture has closed on its second Hoboken apartment building in the last six months, acquiring a 30-unit property in the city for $15.5 million.

Investors pay $17.7 million for 37-unit Hoboken building

An investment group has made its first foray into Hoboken, acquiring a 37-unit uptown apartment building from a longtime family owner.