$100 Million Financing Arranged by HFF for Four-Property Multi-Housing Portfolio
|
|
|
| Posted
:
Wed, 04 Nov 2009 23:01:23 GMT |
| Author
:
HFF
|
| Category
:
Press Release |
| News Alerts by
Email ( click
here ) |
| Press Release
News |
Home
|
|
|
|
CHICAGO - (Business Wire) The Chicago and Boston offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they have secured $100 million in financing for a four-property multi-housing portfolio in Massachusetts, Minnesota and Missouri. Working exclusively on behalf of RREEF, HFF senior managing directors Mike Kavanau and Fred Wittmann placed the four loans with Freddie Mac (Federal Home Loan Mortgage Corporation). Three of the loans are part of the Freddie Mac CME program and one is part of the Freddie Mac Capped ARM program. The portfolio totals 1,617 units and has an average occupancy of 95%. Individual property details and loan amounts are listed below: | Property | | | | # of Units | | | | % Leased | | | | Loan Amount | | | | Loan Type | | | | Term | | Jefferson at Dedham Station | | | | 300 Units | | | | 95% | | | | $31.05 Million | | | | Fixed-rate | | | | 10 Years | | 1000 Presidents Way | | | | | | | | | | | | | | | | | | | | | | Dedham, MA | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | The Gates of Carlson Center | | | | 435 Units | | | | 92% | | | | $23.7 Million | | | | Fixed-rate | | | | 10 Years | | 300 Carlson Parkway | | | | | | | | | | | | | | | | | | | | | | Minnetonka, MN | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fountain View on the Plaza | | | | 396 Units | | | | 96% | | | | $27.48 Million | | | | Fixed-rate | | | | 7 Years | | 4800 Oak Street | | | | | | | | | | | | | | | | | | | | | | Kansas City, MO | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Villages of Bogey Hills | | | | 486 Units | | | | 95% | | | | $17.7 Million | | | | Floating-rate | | | | 7 Years | | 2200 Lake Court | | | | | | | | | | | | | | | | | | | | | | Saint Charles, MO | | | | | | | | | | | | | | | | | | | | | HFF (NYSE: HF) operates out of 17 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, advisory services, structured finance, private equity, loan sales and commercial loan servicing. www.hfflp.com. HFF Senior Managing Director MICHAEL A. KAVANAU, 312-528-3650 mkavanau@hfflp.com or HFF Senior Managing Director FREDERIC E. WITTMANN, 617-338-0990 fwittmann@hfflp.com or HFF Associate Director, Marketing KRISTEN M. MURPHY, 713-852-3500 krmurphy@hfflp.com
|

Copyright © 2008
Business Wire. All rights reserved.
|
|
|
|
|
Related
News
Get Moving Catalog Launches DiabetesMiami.Com, A Fundraising Initiative with the American Diabetes Association of Southeast Florida. (EMAILWIRE.COM, November 22, 2009 ) Miami, Florida - As charities and non-profits struggle in difficult economic times, many are seeking new approaches to improve their fundraising efforts. In that vein, the American Diabetes Association of Southeas..
StockSource.us Reports Green Energy Stock to Explode (EMAILWIRE.COM, November 22, 2009 ) Del Mar, CA – The Environmental Protection Agency reports one of the biggest challenges facing livestock producers is managing manure and process water in a way that protects environmental quality and controls odo..
LiquidStockReport.com - Green Energy Live provides Engineering Assistance. (EMAILWIRE.COM, November 22, 2009 ) Del Mar, CA - Being a leader in the biomass-to-ethanol industry and a provider of complete equipment packages for biomass energy systems, Green Energy Live provides engineering assistance, assists customers in appl..
GOOD MORNING -- November 22, 2009
This is PR NEWSWIRE -- transmitting news releases, advisories and
other information to the news media around the United States since
1954.
If you have questions regarding your PRN teleprinter, your PRN computer
service, or if you wish to arrange to receive P...
iRateMyDate iPhone App Launches in the iTunes store
November 23rd marks the release of a new iPhone dating app for single men and women. iRateMyDate is designed to help singles Manage, Rate and Compare their dates. Single men and women have been known to have a mental checklist of qualities they are looking for in a date or mate and the iRateM...
ArchAngel Partners Announces the Opening of Sister Company Poway Weapons & Gear
SAN DIEGO, Nov. 22 /PRNewswire/ -- ArchAngel Partners Inc., a prominent executive protection and security consultation firm, serving elite celebrity clients and business professionals nationwide, announces the opening of its sister company Poway Weapons & Gear.
...
The Walt Disney Company China Announces Local Adaptation 'Disney High School Musical: China'
BURBANK, Calif. and SHANGHAI, Nov. 22 -- The Walt Disney Company in China today announced the start of production on its third local co-production project in just two years, "Disney High School Musical: China." Working with local partners Sha...
|
|
|
|
|
|
|
|
|