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Tuesday, June 29, 2010
HFF secures $23.13M financing for AMLI at Bryan Place in Dallas
DALLAS, TX – The Dallas office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it has secured $23.13 million in financing for AMLI at Bryan Place (top left photo) , a 420-unit, Class A multi-housing community in Dallas, Texas.
Working exclusively on behalf of AMLI Residential Properties, HFF senior managing director Mona Carlton (bottom right photo) placed the 7-year, adjustable-rate loan with Freddie Mac (Federal Home Loan Mortgage Corporation).
Loan proceeds are refinancing an existing agency loan. HFF will service the loan through their Freddie Mac Program Plus® Seller/Servicer program.
Located at 910 Texas Street, AMLI at Bryan Place is adjacent to Interstate 45 close to the Arts District and Deep Ellum neighborhoods of Dallas
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The property was completed in 1999 and features one-, two- and three-bedroom units. Community amenities include a swimming pool, clubhouse, fitness center, game room, bbq grills and a movie theatre.
AMLI Residential Properties is focused on the development, acquisition and management of luxury apartment communities throughout the United States
Contacts:
Mona K. Carlton, HFF Senior Managing Director, (214) 265-0880, mcarlton@hfflp.com
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500, krmurphy@hfflp.com
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