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| Douglas Opalka |
AUSTIN, TX –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has secured acquisition financing for The Catherine, a 300-unit, luxury
high-rise apartment tower in downtown Austin, Texas.
Working on behalf of the
borrower, Catherine Tower, LLC, an affiliate of Austin-based Christopher
Investment Company, Inc., HFF placed the seven-year, fixed-rate loan with
Prudential Mortgage Capital Company.
The Catherine is situated
at 214 Barton Springs Road
immediately south of the Colorado River and to the east of Auditorium Shores
and The Long Center for Performing Arts.
Completed in 2015, the
19-story, LEED-certified tower has studio, one-, two- and three-bedroom units
averaging 897 square feet each with amenities, including designer built-in
bookshelves, art/media niches, gourmet kitchen islands, stone countertops,
stainless appliances, hardwood floors, upscale lighting, solar/black out
shades, in-home washers and dryers, wireless sound system and keyless unit
entry.
The property also features
a rooftop sky lounge providing panoramic views of downtown, a bar and private
dining room; an infinity-edge swimming pool surrounded by a fire pit, lounge spaces
and grilling stations; fully-equipped, poolside fitness center; pet washing
station; and hotel-inspired lobby.
The HFF debt placement
team was led by senior managing director Doug
Opalka.
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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