Sunday, September 13, 2015

HFF secures $4.1 million refinancing for public health headquarters building in suburban Los Angeles, CA


Antelope Valley Partners lobby, 44226 10th Street West,
Lancaster, CA


Mark Wintner
LOS ANGELES, CA –Holliday Fenoglio Fowler, L.P. (HFF) announced it has secured a $4.1 million refinancing for a 30,000-square-foot, single-tenant, triple net-leased office building that serves as the Antelope Valley Partners for Health headquarters in Lancaster, California.

HFF worked on behalf of the borrower, Himel Capital Group, to secure the 10-year, fixed-rate senior loan with Redwood Trust.  Loan proceeds will be used to refinance an existing loan. 

Situated on 2.1 acres at 44226 10th Street West, the property is located less than one mile from both the 128 Freeway and Antelope Valley Hospital in Lancaster, the principal city of the Antelope Valley.

 After purchasing the property in 2014, the borrower added 5,000 square feet of space for the tenant, Antelope Valley Partners for Health, a community-based organization for local public health planning and intervention in the Antelope Valley. 

The two-story building serves as Antelope Valley Partners for Health’s headquarters building, has walk-up access and a creative office layout with reclaimed wood accents.

The HFF debt placement team representing the borrower was led by managing director Mark Wintner

“Redwood Trust was able to lock the interest rate and close the loan in the midst of significant turbulence in the CMBS market,” Wintner said.

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

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com


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