Leon McBroom |
DENVER, CO – Holliday
Fenoglio Fowler, L.P. (HFF) announced it has arranged acquisition financing for
Village West, a 58-unit
multi-housing community in Arvada, Colorado.
HFF worked on behalf of
the borrower, 29th Street Capital, to place the seven-year, floating-rate loan
with Freddie Mac’s (Federal Home Loan Mortgage Corporation) CME Program.
The securitized loan will be serviced by HFF
through its Freddie Mac Program Plus® Seller/Servicer program.
Village West is located
off West 58th Avenue between Kipling and Ward Road near a multitude of retail,
entertainment and recreational amenities.
The property, which is approximately 12.5 miles northwest of downtown
Denver, has one- and two-bedroom units averaging 933 square feet each.
All units feature large
balconies with views of the nearby foothills.
Community amenities include a heated indoor pool, barbecue/picnic area
and laundry facilities.
The HFF debt placement
team representing the borrower was led by associate director Leon McBroom.
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
| www.hfflp.com
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