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| Park Creek Manor apartments, Dallas, TX |
DALLAS, TX – HFF announced today that it has arranged a
$7.75 million refinancing for Park Creek Manor, a 322-unit multi-housing
community in Dallas, Texas.
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| John Brownlee |
HFF worked on behalf of AmeriSouth Realty to secure the
seven-year, fixed-rate loan through Southwest Securities, FSB. This transaction marks the sixth financing
that HFF has completed on behalf of AmeriSouth in the past 12 months.
Park Creek Manor is situated near the northwest corner of
West Illinois Avenue and South Westmoreland Avenue in southwest Dallas. The property is 99 percent leased and has a
mixture of one-, two- and three-bedroom units as well as a swimming pool.
The HFF team representing the borrower was led by senior
managing director John Brownlee.
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| AmeriSouth Realty apartment property, Dallas, TX |
AmeriSouth Realty is a commercial real estate firm founded
in 1987 by Ruel M. Hamilton with a focus on the acquisition, management and
brokerage of Class C multi-housing properties.
AmeriSouth currently owns and operates more than 3,000 units across 20
properties located throughout the Dallas/Fort Worth area as well as Austin and
Texarkana.
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873
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