INDIANAPOLIS, IN – The Indianapolis office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it has arranged $8.45 million in financing for Oak Lake at Crooked Creek, (above centered photo) a 192-unit luxury multifamily community located in Pike Township, Indianapolis, Indiana. HFF senior managing director Dave Keller (top right photo) worked exclusively on behalf of J.C. Hart Company and its affiliate, Payne Road Associates, to secure the seven-year, capped adjustable-rate loan through Freddie Mac (Federal Home Loan Mortgage Corporation).
Loan proceeds were used to payoff an existing first mortgage. The loan will be serviced through HFF.
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, structured finance, private equity, loan sales and commercial loan servicing. http://www.hfflp.com/.
CONTACTS:
David B. Keller, HFF Senior Managing Director, (317) 630-3191, dbkeller@hfflp.com
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