Tuesday, October 4, 2016

HFF secures financing for Class A multi-housing community in Houston’s Energy Corridor

Aura Memorial Apartments, 14900 Memorial Drive, Energy Corridor, Houston, TX

Matt Kafka
HOUSTON, TX –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has secured financing for Aura Memorial, a 388-unit, Class A, multi-housing community in Houston’s Energy Corridor.

Working on behalf of the borrower, Trinsic Residential Group, HFF placed the seven-year, floating-rate loan through 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.

Aura Memorial is situated at 14900 Memorial Drive between North Eldridge Parkway and Dairy Ashford Road in West Houston.  

The community offers nearby access to Interstate 10 and Beltway 8 and numerous retail, dining and recreational destinations, including City Centre, Memorial City Mall, Bear Creek and Terry Hershey Park. 

Completed in 2014, the wrap-style community has a variety of one- and two-bedroom floor plans ranging from 705 to 1,338 square feet.  Units feature granite countertops, contemporary cabinetry, stainless steel appliances, in-unit washers and dryers, modern lighting, soaking tubs and built-in USB charging ports.

 Community amenities include a resort-style swimming pool with sundeck and grill area; activity courtyard with an outdoor kitchen, bocce ball court, covered lounge area with TV and billiards table; fitness center; cyber café with entertainment kitchen; business center; private conference room; and dog run.

The HFF debt placement team representing the borrower was led by senior managing director Matt Kafka.

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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