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| Mona Carlton |
DALLAS, TX – February 16, 2016
– Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured a
$200 million credit facility for Abacus Capital Group LLC (Abacus). The first asset, which funded into the credit
facility is The Point at Perimeter, a
two-phase, garden-style multi-housing community totaling 603 units in Dunwoody,
Georgia.
Working on behalf of a
fund advised by Abacus, HFF secured the floating-rate credit facility through
Freddie Mac’s (Federal Home Loan Mortgage Corporation) CME Program. The loan will be serviced by HFF through its
Freddie Mac Program Plus® Seller/Servicer program.
The two phases of The
Point at Perimeter, the 365-unit Ashford and 238-unit Dunwoody, operate as
separate properties with their own set of amenities, including resort-style
swimming pools with sundecks, 24-hour fitness centers, indoor racquetball
courts, clubrooms and car care centers.
Both phases offer a mix of one-, two- and
three-bedroom floor plans averaging 934 square feet each. Situated on 12.172 acres, The Point at
Perimeter is located at 100 Ashford
Gables Drive, approximately 15 miles north of downtown Atlanta and
convenient to Interstate 285, State Highway 400 and Perimeter Mall. The community is 96 percent leased overall.
The HFF debt placement
team representing the borrower was led by senior managing director Mona Carlton.
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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