Trey Morsbach |
DALLAS, TX – HFF announced it has arranged financing for
ALOFT at The Glen Town Center, a 181-unit, Class A multi-housing
property in the Chicago area.
HFF worked exclusively on behalf of the borrower,
OliverMcMillan, Inc., to secure a long-term, fixed-rate loan through
TIAA-CREF. HFF will also service the
loan.
Completed in 2003, ALOFT at The Glen Town Center features
one- and two-bedroom floor plans.
Community amenities include two fitness centers, two theatre rooms,
community center, business center and indoor heated parking.
ALOFT at The Glen
Town Center is located at 1991 Tower Drive within The Glen Town Center master
planned community in Glenview, approximately 20 minutes north of downtown
Chicago.
Situated on 1,121 acres, the
community was built on the site of the former Glenview Naval Air Station and
its historic Hanger One.
Jeremy Sain |
The HFF debt placement team representing the borrower was
led by senior managing director Trey Morsbach and associate directors Jeremy
Sain and Jason Bond.
San Diego-based OliverMcMillan, Inc. is an
internationally-renowned firm that develops and transforms ordinary locations
into unique, special places. The firm’s
expanding real estate portfolio includes retail, entertainment, medical,
R&D, office, hotel and residential developments located throughout the
United States. www.olivermcmillan.com.
For a complete copy of the company’s news release, please
contact:
Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com
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