Wednesday, November 14, 2012

HFF arranges $32.08 million financing for Stoneleigh at Bear Creek in Euless, TX

Stoneleigh at Bear Creek, Euless, TX
 DALLAS, TX – HFF announced it has arranged $32.08 million in financing for Stoneleigh at Bear Creek, a 436-unit, Class A multi-housing community in Euless, Texas.

                HFF worked exclusively on behalf of Pure Multi-Family REIT LP, to secure the seven-year, fixed-rate loan with Freddie Mac (Federal Home Loan Mortgage Corporation). 

  Loan proceeds were used to acquire the property.  HFF will also service the securitized loan through its Freddie Mac Program Plus® Seller/Servicer program.

John Brownlee
Stoneleigh at Bear Creek is located at 1401 Highway 360 adjacent to the Dallas Fort Worth International Airport in Euless.

 Completed in 2004, the property is 97 percent leased and features an amenity package that includes a clubhouse, two resort-style swimming pools, business center, billiards room, fitness center, covered heated spa, poolside gazebo, picnic area, barbecue grills, open air cabana, extensive concierge services, covered parking and a laundry facility. 

                The HFF team representing Pure Multi-Family REIT LP was led by senior managing director John Brownlee.

For a complete copy of the company’s news release, please 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 |

1 comment:

Anonymous said...

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