 |
| Cortney Cole |
HOUSTON, TX –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has arranged financing for Chappell Creek Village, a 148-unit,
garden-style apartment community in Temple, Texas.
Working exclusively on
behalf of the borrower, Chappell Hill Equity III, Ltd., HFF placed the 10-year,
3.86 percent, fixed-rate loan with a correspondent life insurance lender.
Chappell Creek Village is
situated on the north side of Ira Young Drive in southwest Temple, just one
half of a mile east of Interstate 35 and near major area employers such as
Scott & White Memorial Hospital, McLane Foodservice headquarters, Walmart
Regional Distribution Center and Temple Mall.
Built on 12.62 acres, the
property encompasses 148 one-, two- and three-bedroom units within 12 two- and
three-story apartment buildings that total 147,220 rentable square feet. Community amenities include a swimming pool,
fitness center, business center and on-site laundry facilities. The property is 93 percent occupied.
HFF’s debt placement team
was led by director Cortney Cole and
executive managing director Scott
Galloway.
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
No comments:
Post a Comment