Working exclusively on behalf of LaSalle Investment Management, HFF managing directors John Rose and Paul Stasaitis (middle left photo) and director Elliott Throne (bottom right photo) placed the 7-year adjustable-rate loan with Freddie Mac (Federal Home Loan Mortgage Corporation).
LaSalle Investment Management is a worldwide real estate investment manager that is an independent subsidiary of Jones Lang LaSalle and has approximately $41.1 billion of assets under management.
Harbor at Lake Howell is situated on a 34-acre site at 1280 Vinings Lane in Casselberry, approximately seven miles north of Orlando.
The 90% leased property has one-, two- and three-bedroom units averaging 1,065 square feet. Community amenities include two swimming pools, a tennis court, a fitness center, a volleyball court and a business center as well as access to a boat ramp and beach on Lake Howell.
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. www.hfflp.com.
Contacts:
John W. Rose, HFF Managing Director, (214) 265-0880, jrose@hfflp.com
G. Paul Sasaitis, HFF Managing Director, (305) 448-1333, pstasaitis@hfflp.com
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