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| Liberty Creek Apartments, 13100 East Kansas Drive, Aurora, CO |
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| Brock Yaffe |
DENVER, CO – Holliday
Fenoglio Fowler, L.P. (HFF) announced it has arranged $49.5 million in
financing for Liberty Creek Apartments,
a 584-unit, garden-style multi-housing community in the east Denver suburb of
Aurora, Colorado.
HFF worked on behalf of the borrower, a joint
venture between BMC Investments (BMC) and Oak Coast Properties, to place the
10-year acquisition financing with Freddie Mac’s (Federal Home Loan Mortgage
Corporation) CME Program.
The securitized loan has a
fixed-rate of 4.14 percent with five years of interest only. In addition, the loan will be serviced by HFF
through its Freddie Mac Program Plus® Seller/Servicer program.
Liberty Creek Apartments
is located at 13100 East Kansas Drive
in Aurora with nearby access to Interstate 225.
The property has 42 two-story buildings that house one- and two-bedroom
units ranging from 653 to 882 square feet.
Community amenities include three heated swimming pools, basketball and
tennis courts, fitness center, playground, grilling areas, business center and
clubhouse.
The HFF debt placement
team representing the borrower was led by associate director Brock Yaffe.
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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