 |
| Josh Simon |
DENVER, CO – Holliday
Fenoglio Fowler, L.P. (HFF) announced it has secured $11.129 million in
financing for the development of 35th & Larimer, a residential and retail
mixed-use property in Denver’s River North neighborhood.
Working on behalf of the
borrower, Littleton Capital Partners, HFF placed the 36-month, floating-rate
construction loan with a regional bank.
HFF also previously worked to secure financing on the borrower’s behalf
for land site acquisition in late 2014.
Due for completion in
second quarter 2016, 35th & Larimer will encompass 66 residential units and
10,800 square feet of ground floor retail.
Residential floor plans will include a mix of studio, one- and two-bedroom
options ranging from 335 to 1,160 square feet each.
The property will have two street-level
courtyards, a second-level deck with barbecue area, fire pit, bike storage and
pet wash station.
35th and Larimer is situated less than a mile
from downtown Denver in the River North (RiNo) area, a rapidly redeveloping
neighborhood that formerly consisted of mainly industrial properties and is now
home to some of Denver’s best art galleries, restaurants, breweries/wineries
and other entertainment attractions.
The HFF debt placement
team representing the borrower was led by managing director Josh Simon and associate director Leon McBroom.
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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