 |
| De'On Collins |
DALLAS, TX – Holliday
Fenoglio Fowler, L.P. (HFF) announced it has arranged a combined $26.34 million
refinancing for five multi-housing communities totaling 890 units in Dallas and
Austin, Texas.
HFF worked on behalf of
the borrower, AmeriSouth Realty, to secure financing in five separate
transactions.
Rialto Mortgage Finance, LLC provided loans
for three of the properties and Edgewood Capital Advisors provided loans for
the remaining two assets. Proceeds were
used to refinance existing debt on the properties.
Individual property
details are listed below:
Property Name and
Location
Size Occupancy
Springdale Apartments 100
Units 100.0%
1909 Higgins Street,
Haltom City
Terrace View
192 Units
97.4%
417 West Tarrant Road,
Grand Prairie
Park Creek Manor
322 Units
99.1%
2520 Coombs Creek Drive,
Dallas
Huntington Meadows 200
Units 98.0%
7000 Decker Lane, Austin
Pythian Manor
Apartments
76 Units
100.0%
2719 East Illinois Avenue,
Dallas
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| John Brownlee |
HFF’s debt placement team
was led by associate director De’On
Collins and senior managing director John
Brownlee.
For a complete copy of the company’s news release,
please contact:
Olivia Hennessey
Public Relations
Coordinator
HFF | 9 Greenway Plaza
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
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