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| Indigo Apartments, 13525 Bartram Park Boulevard, Jacksonville, FL |
MIAMI, FL – HFF announced today that it has arranged a $28.5
million refinancing for Indigo Apartments, a 323-unit, Class A,
garden-style multi-housing community in Jacksonville, Florida.
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| Elliott Throne |
HFF worked exclusively on behalf of the borrower to secure
the 10-year, fixed-rate loan through GE Real Estate. HFF will also service the loan.
The property is located at 13525 Bartram Park Boulevard on
the southeast side of Jacksonville just off Interstate 95. Completed in 2007, the property is 97
percent occupied and includes one-, two- and three-bedroom units. Community amenities include a swimming pool,
hot tub, fitness center, playground, clubhouse and business center.
“GE recognized the high quality of both the asset and
sponsorship and stepped up to deliver a very quick and aggressive execution,”
stated director Elliott Throne, who led the HFF team representing the
borrower.
For a complete
copy of the company’s news release, please contact:
Olivia Hennessey
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com
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