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Breckenridge Apartments, 7367 Meander Drive, Rockford, IL |
CHICAGO, IL – HFF announced today that it has arranged
financing for Breckenridge Apartments, a 144-unit multi-housing
community in Rockford, Illinois.
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| Trent Niederberger |
HFF worked exclusively on behalf of the borrower,
Breckenridge Apartment Homes, LLC, to secure a seven-year, fixed-rate loan
through Greystone’s Fannie Mae DUS lending platform. Proceeds were used to refinance the property.
Breckenridge Apartments is located at 7367 Meander Drive
minutes away from Interstate 90 in northeast Rockford. The property is 98 percent leased and
features 144 two-bedroom, one-bath units.
Each unit includes a full-size washer and dryer and an oversized one-car
garage.
HFF’s debt placement team representing the borrower was led
by Trent Niederberger.
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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