Aker, in partnership with multiple vehicles managed by Benefit Street Partners, acquired 55 Riverwalk located in West New York, N.J., for $158.5 million.
55 Riverwalk is a thoughtfully designed residential community situated along the Hudson River in the Port Imperial neighborhood of New Jersey. The property offers residents urban convenience and suburban comforts, featuring parks, waterfront walkways, shopping, dining, and proximity to cultural and recreational activities. With an eight-minute ferry ride to Midtown, 55 Riverwalk provides seamless connectivity to Manhattan. Rose Associates will continue to manage the property.