Wednesday, November 14, 2012

HFF arranges $32.08 million financing for Stoneleigh at Bear Creek in Euless, TX



Stoneleigh at Bear Creek, Euless, TX
 DALLAS, TX – HFF announced it has arranged $32.08 million in financing for Stoneleigh at Bear Creek, a 436-unit, Class A multi-housing community in Euless, Texas.

                HFF worked exclusively on behalf of Pure Multi-Family REIT LP, to secure the seven-year, fixed-rate loan with Freddie Mac (Federal Home Loan Mortgage Corporation). 

  Loan proceeds were used to acquire the property.  HFF will also service the securitized loan through its Freddie Mac Program Plus® Seller/Servicer program.

John Brownlee
Stoneleigh at Bear Creek is located at 1401 Highway 360 adjacent to the Dallas Fort Worth International Airport in Euless.

 Completed in 2004, the property is 97 percent leased and features an amenity package that includes a clubhouse, two resort-style swimming pools, business center, billiards room, fitness center, covered heated spa, poolside gazebo, picnic area, barbecue grills, open air cabana, extensive concierge services, covered parking and a laundry facility. 

                The HFF team representing Pure Multi-Family REIT LP was led by senior managing director John Brownlee.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 | www.hfflp.com

1 comment:

  1. Thanksgiving Doctrine
    It is to my fellow Americans I speak. By birth the blessings of this country are bestowed upon us. Our Parents having died to ensure both those, and our God given rights. Let us not give lightly the thought of our future. We are endowed with a divine hope for the future. It is but tyranny alone that seeks to squander that hope and that future. We as Americans have never given in to tyranny, nor shall we start now. The abilities of the government come from the people which are governed. None shall give consent of persecution and discrimination, yet we find ourselves there with our current government. Dictating what had previously been enjoyed as choices, to the detriment of its citizenry. When lone oligarchs push through agendas denounced by its people, it seems fit for those now under the yoke of tyranny to rise up out of their binds and grab firm the right given us to replace or form new, a government that will not trample the path to despotism. Stand fast all my brethren who long to once more be free without the cursing of a bureacracy designed to shackle nor a judiciary with its wanton seizure of power. It is by the grace of our God and the muster of our own will, that a resolution of freedom will once again blanket this land for those who champion self determination over distant bodies of power whose only interest is maintaining their own influence. We must however, remain strong against the bitter winds ahead. They will try to turn us one against another, and they will march us to the fringes to silence us. Let us come together once again as Americans with a strong and united voice declaring liberty and self determination as our only vehicle of redress. It is not war we seek, nor hatred we want or have. Merely the opportunity afforded our ancestors to life, liberty, and the pursuit of happiness without undue burden from those with the consent to govern. Let us look back on this as a time, when those of two differing philosophies of how government should fullfil its duty, were able to allow the other its chance for itself to seek its destiny. Those seeking liberty finding themselves with the providence to enjoy it.

    ReplyDelete