Sunday, March 13, 2016

HFF secures $30.5 million financing for Broomfield, CO multi-housing development

Josh Simon
DENVER, CO  – Holliday Fenoglio Fowler, L.P. (HFF) announced it has secured $30.5 million in financing for the development of Mountain View at Palisade Park, a 216-unit, garden-style multi-housing community in Broomfield, Colorado.

Working exclusively on behalf of Jeffrey Sanders of Boulder, Colorado-based MountainView Capital, LLC, HFF placed the construction loan with a regional bank.

Situated on 8.29 acres at the southwest corner of 169th Avenue and Huron Street, Mountain View at Palisade Park is located just off Interstate 25 and is approximately 20 miles north of downtown Denver and 20 miles east of downtown Boulder.

 Due for completion in 2017, the property’s eight, three-story residential buildings will house one-, two- and three-bedroom units averaging 909 square feet each with amenities including nine-foot ceilings, granite countertops and stainless steel appliances. 

Common area amenities will include a community clubhouse, resort-style swimming pool, state-of-the-art fitness center, yoga room and garage/carport parking.

The HFF debt placement team representing the borrower was led by Josh Simon and Kristian Lichtenfels.

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: