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| Haven at Westgreen Apartments, 510 Westgreen Boulevard, Katy, TX |
HOUSTON, TX –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has secured acquisition financing for Haven at Westgreen, a newly-built,
225-unit, Class A apartment community in Katy, Texas.
HFF worked exclusively on
behalf of the borrower, a joint venture between co-general partners CAF Capital
Partners, The Rainier Companies and an unnamed party, to place the three-year,
floating-rate bridge loan with PCCP, LLC.
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| Cortney Cole |
Haven at Westgreen is situated
at 510 Westgreen Boulevard
immediately south of Interstate 10 within the epicenter of the Katy area’s
growth.
The property’s location offers convenient
access to Houston’s Energy Corridor.
Completed earlier this year and currently in lease-up, the gated
community has one- and two-bedroom units ranging from 634 square feet to 1,274
square feet.
Community amenities
include a resort-style swimming pool, poolside grill stations, fire pit,
24-hour fitness facility, resident lounge, conference room and detached
garages.
The HFF debt placement team representing the
borrower was led by director Cortney
Cole.
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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