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| Antelope Valley Partners lobby, 44226 10th Street West, Lancaster, CA |
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| Mark Wintner |
LOS ANGELES, CA –Holliday
Fenoglio Fowler, L.P. (HFF) announced it has secured a $4.1 million refinancing
for a 30,000-square-foot, single-tenant, triple net-leased office building that
serves as the Antelope Valley Partners for Health headquarters in Lancaster,
California.
HFF worked on behalf of
the borrower, Himel Capital Group, to secure the 10-year, fixed-rate senior
loan with Redwood Trust. Loan proceeds
will be used to refinance an existing loan.
Situated on 2.1 acres at 44226 10th Street West, the property is
located less than one mile from both the 128 Freeway and Antelope Valley
Hospital in Lancaster, the principal city of the Antelope Valley.
After purchasing the property in 2014, the
borrower added 5,000 square feet of space for the tenant, Antelope Valley
Partners for Health, a community-based organization for local public health
planning and intervention in the Antelope Valley.
The two-story building serves as Antelope
Valley Partners for Health’s headquarters building, has walk-up access and a
creative office layout with reclaimed wood accents.
The HFF debt placement
team representing the borrower was led by managing director Mark Wintner.
“Redwood Trust was able to
lock the interest rate and close the loan in the midst of significant
turbulence in the CMBS market,” Wintner said.
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 | www.hfflp.com
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