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| 360 Degrees is the name of this 304-Unit Class A apartment community in Centennial, CO |
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| Travis Anderson |
CHARLOTTE, NC –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has arranged $45 million in permanent
financing for 360º, a 304-unit,
newly-built Class A apartment community in the southeast Denver suburb of
Centennial, Colorado.
HFF worked exclusively on
behalf of an institutional investor to secure the seven-year, 2.98 percent
fixed-rate loan through a life company lender.
360º consists of two four-
and five-story, wrap-style apartment buildings and a five-story, 439-space parking
garage.
Situated on 3.9 acres at
7700 East Peakview Avenue, the property is just west of Interstate 25 in the
heart of one of Denver’s primary office markets offering access to more than 33
million square feet of office space in the Denver Tech Center and Greenwood
Plaza employment hubs.
In addition, the
transit-oriented property is less than a mile from the Arapahoe at Village
Center light rail station and accessible to numerous retail centers within a
three-mile radius.
Completed in two phases in
January 2015 and January 2016, the 360º has studio, one- and two-bedroom floor
plans featuring granite countertops, kitchen islands, stainless steel
appliances, soaking bathtubs and stand-up showers, wood-style plank flooring,
oversized windows and in-unit washers and dryers.
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| Josh Simon |
Community amenities
include a resort-style swimming pool and hot tub; rooftop lounge and resident
clubhouse with indoor kitchen and fireplace; courtyard with grilling areas;
state-of-the-art athletic center;
library; business center; billiards and shuffleboard; dog washing
station; and bike repair workshop.
The HFF debt placement
team representing the borrower was led by senior managing director Travis Anderson and managing director Josh Simon.
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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