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Working exclusively on behalf of Lewis Operating Corp. and one of its affiliates, HFF senior managing director Don Curtis (top right photo) placed the 14-year fixed-rate loan wi
th Freddie Mac (Federal Home Loan Mortgage Corporation). HFF arranged the financing for Phase I and II of the property in 2005 and 2007 through Wachovia Multifamily Capital.
Total funding for all three loans is $100.72 million. Lewis Operating Corp. is a real estate developer specializing in California and Nevada.
The property is situated on 39.07 acres at 11660 Church Street within th
e master planned community of Terra Vista in Rancho Cucamonga. Homecoming at Terra Vista features 15 different one-, two- and three-bedroom apartment, townhouse and villa floor plans.
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Units average 1,050 square feet each and have full-size washer/dryers, walk-in closets and one- or two-car attached garages. Community amenities include a pool, fitness center, children’s play area, business
center, theatre, game room and library.
HFF (NYSE: HF) operates out of 18 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, structured finance, private equity, note sales and note sale advi
sory services and commercial loan servicing. http://www.hfflp.com/.
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CONTACTS:
Donald J. Curtis, HFF Senior Managing Director, 949 253 8800, dcurtis@hfflp.com
Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com
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