DALLAS, TX – HFF announced today that it has secured a $47.75 million refinancing for The Shores at Las Colinas (top left photo) a 908-unit Class A multi-housing community in Irving, Texas.
HFF worked exclusively on behalf of Metropolitan Properties of America to secure the three-year, 1.84 percent adjustable-rate loan through Capital One.
The HFF investment sales team representing the seller was led by managing director Steve Heldenfels along with senior managing directors Bob Herron and Mona Carlton (lower right photo).
The Shores at Las Colinas is located at 385 East Las Colinas next to the Irving Convention Center and approximately 14 miles northwest of downtown Dallas. The community is comprised of 17 low-rise buildings as well as two mid-rise buildings containing a total of 792,786 square feet.
For a complete copy of the company’s new release, please contact:
STEVEN C. HELDENFELS
HFF Managing Director
(214) 265-0880
OLIVIA N. HENNESSEY
HFF Associate, Marketing
(713) 852-3500
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