Monday, October 8, 2012

HFF arranges $10 million financing for Woodland Park in Chicago



Woodland Park, Chicago
LOS ANGELES, CA – HFF announced today that it has arranged $10 million in financing for the remaining 168 units of Woodland Park, a 240-unit fractured condominium complex in Chicago, Illinois.

                HFF worked exclusively on behalf of The Luzzatto Company, Inc. to secure the 10-year fixed-rate loan through RBS Global Banking & Markets.  The securitized loan will be serviced by HFF.

              
Christopher Vittetoe

Woodland Park is located at 606 Woodland in the Bronzeville neighborhood of Chicago.  The property has three residential buildings that are 94 percent leased.  

                The HFF team representing The Luzzatto Company was led by director Christopher Vittetoe along with managing director Matthew Schoenfeldt.

                The Luzzatto Company, Inc. and its affiliates invest in real estate and real estate-related debt, with existing investments in California, Texas, Alabama, Georgia and Missouri.     

 Contact:

Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 |

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