Saturday, March 19, 2016

HFF arranges equity and debt for Woodfield Dulles Station multi-housing development in Herndon, VA

Rendering of planned Woodfield Dulles Station Multi-Housing Project, Herndon, VA

Walter Coker
 WASHINGTON, D.C. –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged joint venture equity and construction financing for the development of Woodfield Dulles Station, a 400-unit, Class A multi-housing property adjacent to the future Innovation Center Metro station in Herndon, Virginia.

HFF worked on behalf of the developer, Woodfield Investments, to arrange joint venture equity from an undisclosed capital partner.  U.S. Bank provided a $69 million construction loan.

Woodfield Dulles Station is part of Dulles Station, a 63-acre, mixed-use, master planned community providing a walkable live-work-play lifestyle. 

In addition to its location directly adjacent to the future Innovation Center Metro station, the transit-oriented property will be situated just off the Dulles Toll Road and Route 28 interchange and approximately five miles from Reston Town Center, 14 miles from Tysons Corner and five minutes from Dulles International Airport. 

Due for completion in 2017, the five-story, NBGS Silver-certified, eco-conscious property will have studio, one- and two-bedroom units averaging 850 square feet each. 

Community amenities will include a resort-style swimming pool; gourmet outdoor kitchen spaces; rooftop multi-amenity deck; professional-grade fitness center; state-of-the-art conference space; computer lounge; coffee bar; and direct-access, secured parking garage.

 The HFF multi-housing team representing the developer was led by Walter Coker and Brian Crivella.

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 |

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