Broadway Place Apartments, West Broadway, Eugene, OR |
Mona Carlton |
PORTLAND, OR, Aug. 15,
2016 - Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured
financing for Broadway Place, a
170-unit multi-housing community situated near the University of Oregon in
downtown Eugene.
HFF worked exclusively on
behalf of Virtú Investments to secure a fixed-rate acquisition loan through
Freddie Mac’s (Federal Home Loan Mortgage Corporation) CME Program. The securitized loan will be serviced by HFF
through its Freddie Mac Program Plus® Seller/Servicer program.
In addition to its
location less than a mile from the University of Oregon, Broadway Place is
ideally positioned along West Broadway within walking distance to more than 1.5
million square feet of retail and multiple public transit options.
The community encompasses studio, one- and
two-bedroom units averaging 715 square feet each and has approximately 13,000
square feet of ground-floor retail.
The
eight-building property has amenities, including community courtyards, elevator
access, urban terrace gardens, bike storage and access to secure underground
garage parking.
HFF’s debt placement team
was led by senior managing director Mona
Carlton and associate director Erica
Christensen.
Virtú Investments (Virtú),
a fully-integrated multifamily fund manager, was built to take advantage of
today’s value-add apartment investment market.
During the last 19 years, Virtú has acquired 108 assets valued at more
than $1.5 billion, totaling more than 15,000 apartment units.
Virtú’s unique platform includes in-house
services, including acquisitions, finance, due diligence, asset management,
in-house property management, efficiency retrofitting, information technology
and accounting/tax preparation.
Erica Christensen |
HFF together with its affiliate HFFS offer clients a fully integrated
national capital markets platform including debt placement, investment sales,
equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit hfflp.com
or follow HFF on Twitter @HFF.
For a complete copy of the company’s news release,
please contact:
Olivia Hennessey
Public Relations Coordinator
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