 |
| 15th and Market Apartments, San Diego, CA |
SAN DIEGO, CA – HFF announced today that it has arranged a
$45 million construction/permanent loan for 15th and Market, a
243,000-gross-square-foot, Class A multi-housing development to-be-built in the
East Village submarket of downtown San Diego, California.
Working exclusively on behalf of Holland Partners Group Management,
Inc., HFF placed the construction loan, followed by a 10-year permanent loan,
with one of its correspondent life companies.
 |
| Tim Wright |
Due for completion in 2015, 15th and Market will feature 242
multi-housing units and approximately 10,000 square feet of ground floor retail
space. The project is located on a
1.42-acre site in the East Village neighborhood of downtown San Diego.
The HFF team representing Holland Partners Group Management,
Inc. was led by senior managing director Tim Wright, managing director Casey
Davidson and associate director Zack Holderman.
The Holland team was led by chief operating officer of
Southern California development Thomas Warren and development associate Brent
Schertzer.
Founded in 2000, The Holland Partner Group is comprised of
five operating companies focused on development of new communities, new
construction operations, property management, and redevelopment services in
conjunction with investment and asset management. The services and resources provided by the partner group allow
its strategic alliance partners to invest in core, core plus and value-added
communities in the primary Western United States’ markets.
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
No comments:
Post a Comment