Wednesday, October 14, 2015

HFF arranges $49.5 million financing for Liberty Creek Apartments in Aurora, CO

Liberty Creek Apartments, 13100 East Kansas Drive, Aurora, CO

Brock Yaffe
DENVER, CO – Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged $49.5 million in financing for Liberty Creek Apartments, a 584-unit, garden-style multi-housing community in the east Denver suburb of Aurora, Colorado.

 HFF worked on behalf of the borrower, a joint venture between BMC Investments (BMC) and Oak Coast Properties, to place the 10-year acquisition financing with Freddie Mac’s (Federal Home Loan Mortgage Corporation) CME Program. 

The securitized loan has a fixed-rate of 4.14 percent with five years of interest only.  In addition, the loan will be serviced by HFF through its Freddie Mac Program Plus® Seller/Servicer program. 

Liberty Creek Apartments is located at 13100 East Kansas Drive in Aurora with nearby access to Interstate 225.  The property has 42 two-story buildings that house one- and two-bedroom units ranging from 653 to 882 square feet. 

Community amenities include three heated swimming pools, basketball and tennis courts, fitness center, playground, grilling areas, business center and clubhouse.

The HFF debt placement team representing the borrower was led by associate director Brock Yaffe.

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

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax 713.527.8725 |

No comments: