Tuesday, October 21, 2008

HFF secures $37.8M financing of London and Geneva properties

BOSTON, MA – The Boston office of HFF (Holliday Fenoglio Fowler, L.P.) has secured $37.8 million in acquisition financing for two properties located in London, England and Geneva, Switzerland.

Working on behalf of TJAC, HFF director Anthony Cutone placed two loans through CTL Capital, LLC. Proceeds are being used to acquire and renovate the properties. TJAC is an international real estate development company.

Courtfield Gardens (top right photo) is a five-story property in the Kensington area of London. Rue Muzy is a six-story property in Geneva, (bottom left photo) Switzerland. Both properties presently exist as boutique hotels.

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 advisory services and commercial loan servicing. http://www.hfflp.com/.

CONTACTS:

Anthony Cutone, HFF Director, 617 338 0990, acutone@hfflp.com

Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com

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