 |
| John Rose |
DALLAS, TX – Sept. 21,
2015 - Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has
arranged financing for Overlook Ranch,
a 318-unit multi-housing community in Fort Worth, Texas.
HFF worked on behalf of
the borrower, CAF Capital Partners, to secure the five-year, floating-rate loan
through Prime Finance. Loan proceeds
were used to acquire the property, which recently reached stabilization.
Overlook Ranch is located
at 3101 Alliance Gateway Freeway in north Fort Worth just off Interstate 35 in
the 18,000-acre AllianceTexas master-planned, mixed-use community.
Completed in 2015, the
property has 270,916 rentable square feet with individual units ranging from
650 to 1,250 square feet each. Community
amenities include a swimming pool, fitness center, playground, grilling area,
car wash center, clubhouse, lounge, business center and breakfast/coffee
concierge.
The HFF debt placement
team representing the borrower was led by senior managing director John Rose and associate director Michael Cosby.
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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