Sunday, November 8, 2009

$100M financing arranged by HFF for four-property multi-housing portfolio

CHICAGO, IL – The Chicago and Boston offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they have secured $100 million in financing for a four-property multi-housing portfolio in Massachusetts, Minnesota and Missouri.

Working exclusively on behalf of RREEF, HFF senior managing directors Mike Kavanau (top right photo) and Fred Wittmann (bottom  left photo)  placed the four loans with Freddie Mac (Federal Home Loan Mortgage Corporation).

Three of the loans are part of the Freddie Mac CME program and one is part of the Freddie Mac Capped ARM program.

The portfolio totals 1,617 units and has an average occupancy of 95%.

Contacts:


Michael A. Kavanau, HFF Senior Managing Director, (312) 528-3650, mkavanau@hfflp.com
Frederic E. Wittmann, HFF Senior Managing Director, (617) 338-0990, fwittmann@hfflp.com
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500, krmurphy@hfflp.com

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