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| Shadow Tree Apartments, 1800 Billings Street, Aurora, CO |
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| Josh Simon |
DENVER, CO –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has secured a $7.2 million refinancing
for Shadow Tree Apartments, a
118-unit multi-housing community in the Denver suburb of Aurora, Colorado.
HFF worked on behalf of
Vukota Capital Management to secure the 10-year, 3.91 percent fixed-rate 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.
Shadow Tree Apartments is
located at 1800 Billings Street in the Aurora Village submarket. The property is just off of Interstate 225
providing access to Interstates 25 and 70 and the Denver metropolitan area.
Additionally, Shadow Tree Apartments is strategically
located within two miles of Anschutz Medical Center, home to the University of
Colorado Hospital and Fitzsimmons Army Hospital. The two, three-story residential buildings
are 94 percent occupied.
The HFF debt placement
team representing the borrower was led by managing director Josh Simon and 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
ohennessey@hfflp.com
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