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| 100 Park at Century Square Apartments, College Station, TX |
HOUSTON, TX –– Holliday Fenoglio Fowler, L.P. (HFF) announces it
has arranged a $27.55 million refinancing for 100 Park at Century Square,
a 249-unit luxury apartment community in College Station, Texas.
 |
| Colby Mueck |
HFF worked on behalf of the borrower, a joint venture between Midway
and Harrison Street, to secure the loanfrom an affiliate of Granite Point
Mortgage Trust Inc. (NYSE: GPMT).
100 Park at Century Square is located west of University Drive on
Century Square Drive across from Texas A&M University within College
Station’s 60-acre Century Square mixed-use development that features premier
retail and dining, entertainment venues, 60,000 square feet of Class A office
space, luxury apartment homes and two full-service hotels, The George and
Cavalry Court.
Completed in
2016, 100 Park offers a mix of studio, one- and two-bedroom units with upscale
finishes, including stainless steel appliances, granite countertops, wood
floors, washers and dryers, large closets and patios or balconies.
 |
| Timothy Joyce |
In addition
to the property’s centralized location, 100 Park incorporates community
amenities, including a swimming pool, outdoor lounge and green space, grilling
area, state-of-the-art fitness center and covered parking.
The HFF debt placement team representing the borrower was led by senior
managing director Colby Mueck along with managing directors Timothy
Joyce and Stephen Skok and analyst Stuart Hepler.
Midway’s purpose is to create enduring investments and
remarkable places that enrich people’s lives.
Houston-based Midway is a privately owned,
fully integrated real estate investment and development firm that has provided
the highest level of quality, service and value to its clients and investors
for more than 50 years.
 |
| Stephen Skok |
The
Midway portfolio of projects completed and/or underway consists of
approximately 45 million square feet of properties in 23 states and Northern
Mexico ranging from office and industrial facilities, corporate headquarters,
mixed-use centers, business and industrial parks, medical facilities,
manufacturing facilities, and master-planned resort and residential
communities.
For more information on Midway, visit www.midwaycompanies.com.
Harrison Street is one of the leading real estate
investment management firms exclusively focused on the Education, Healthcare
and Storage sectors.
The firm has created a series of
differentiated investment strategies across multiple risk/return platforms.
 |
| Stuart Hepler |
Headquartered
in Chicago, the firm employs a 140-person team with approximately $18 billion
in assets under management.
CONTACTS:
COLBY MUECK
HFF
Senior Managing Director
(713)
852-3500
OLIVIA HENNESSEY
HFF Public Relations Specialist
(713) 852-3403
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