Tuesday, October 13, 2015

HFF arranges acquisition financing for 58-unit multi-housing community in suburban Denver, CO

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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