 |
| Jefferson at One Scottsdale Apartments Scottsdale, AZ |
IRVINE, CA – HFF announced it has arranged $61.6 million in
construction and mezzanine financing for Jefferson at One Scottsdale, a
388-unit, Class A luxury multi-housing community to-be-built in Scottsdale,
Arizona.
HFF
worked exclusively on behalf of TDI Real Estate to assist TDI in arranging a
construction loan through Texas Capital Bank and The PrivateBank, and mezzanine
financing from Behringer Harvard.
 |
| Mark Erland |
Jefferson at One Scottsdale is situated within the One Scottsdale
mixed-use development at the intersection of North Scottsdale Road and East
Thompson Peak Parkway, adjacent to Grayhawk in North Scottsdale.
Due for completion
in 2014, the property will offer one-, two- and three-bedroom floorplans
averaging 935 949 square feet each.
Community amenities
will include a clubhouse, lounge, media room, business center, two swimming
pools/spas and both direct and non-direct garages.
 |
| Charles Halladay |
The
HFF team representing TDI Real Estate was led by Sean Deasy and
directors Mark Erland and Charles Halladay.
“Jefferson at One Scottsdale will be the premier Class A
multi-housing project in North Scottsdale given the use of high quality
materials, superior architecture, ample parking including garages, and
proximity to high quality retail and employment,” said Erland.
“HFF and TDI were able to secure
construction debt and mezzanine financing that recognized the quality of the
sponsorship, location, project design, and improving Phoenix MSA market
fundamentals highlighted by more than 40,000 new jobs over the past 12 months.”
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
No comments:
Post a Comment