Showing posts with label Colorado Springs. Show all posts
Showing posts with label Colorado Springs. Show all posts

Thursday, June 18, 2020

JLL completes sale of Colorado medical office complex



 Union Medical Office Plaza, a 149,428-square-foot, 82 percent leased,  three-building medical office campus in Colorado Springs, CO

DENVER, CO, June 18, 2020 – JLL Capital Markets announced today that it has closed the sale of Union Medical Office Plaza, a 149,428-square-foot, three-building medical office campus in Colorado Springs, Colorado.

 Andrew Milne 
 JLL represented the seller, and procured the buyer, MBRE Healthcare.

 Union Medical Office Plaza consists of 1625, 1633 and 1644 Medical Center Point, which are 82% leased overall and anchored by a national investment grade health provider.

The two-story buildings provide a wide array of medical services, including audiology, cardiology, dermatology, health management, an infusion clinic, neurology, ophthalmology, orthopedics, podiatry, radiology, a sleep center and urgent care, among others.

 Positioned in a premier medical corridor, Union Medical Office Plaza serves as a primary outpatient medical office campus in the greater Colorado Springs market.

Larry Thiel
 The JLL Capital Markets team representing the seller was led by Managing Directors Andrew Milne and Larry Thiel, Director Matt DiCesare and Senior Managing Director Eric Tupler.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: U.S. newsroom.




Matt DiCesare
About MBRE Healthcare

MBRE Healthcare is a full-service healthcare real estate company providing development, acquisition, leasing, management and strategic consulting services across the United States.

 As one of the largest private owners of healthcare facilities in the country, with over 21 million square feet spanning 40 states, the company creates customized real estate solutions for some of the most discerning healthcare providers in the country.

 MBRE Healthcare works with hospitals, health systems and physician groups to drive down real estate costs, increase tenant satisfaction, improve the patient experience and expand into new markets. 

Eric Tupler
Headquartered in Chicago, the company has eight regional offices located in Atlanta, Columbus, Dallas, Denver, Indianapolis, Orlando, Phoenix and Washington, D.C.






CONTACT:
 Kristen Murphy
JLL Director
Public Relations
Phone: +1 617 848 1572


Monday, November 30, 2015

$6.885 million financing for 209-unit multi-housing community in Colorado Springs, CO secured by HFF


Peak 4420 Apartments, 4420 East Pikes Peak Avenue, Colorado Springs, CO
Brock Yaffe


DENVER, CO – Nov, 30, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured $6.885 million in financing for Peak 4420, a 209-unit, garden-style multi-housing community in Colorado Springs, Colorado.

Working on behalf of POV Investment Group, LLC, an affiliate of Radford Investment Properties, HFF placed the seven-year loan with Freddie Mac’s (Federal Home Loan Mortgage Corporation) CME Program. 

The securitized, floating-rate loan has two years of interest only with flexible prepayment and will be serviced by HFF through its Freddie Mac Program Plus® Seller/Servicer program.

Peak 4420 is located at 4420 East Pikes Peak Avenue to the east of downtown Colorado Springs and near major thoroughfares, including State Highway 24, Route 21 and Interstate 25, providing convenient access to the area’s core employment centers. 

The seven-building property has studio, one- and two-bedroom units ranging from 520 to 750 square feet.  Community amenities include a swimming pool, dog park and playground.

The HFF debt placement team representing the borrower was led by associate director Brock Yaffe.

"HFF was exceptional to work with on this refinance, which allowed our investors to recoup the vast majority of their initial investment while providing additional capital for continued improvements to the property.  HFF's team delivered and exceeded on our agreed terms and I look forward to working with them on future deals," said Michael Foerster, principal for Radford Investment Properties.

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