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| Aura Memorial Apartments, 14900 Memorial Drive, Energy Corridor, Houston, TX |
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| Matt Kafka |
HOUSTON, TX –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has secured financing for Aura
Memorial, a 388-unit, Class A, multi-housing community in Houston’s Energy
Corridor.
Working on behalf of the
borrower, Trinsic Residential Group, HFF placed the seven-year, floating-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.
Aura Memorial is situated
at 14900 Memorial Drive between North Eldridge Parkway and Dairy Ashford Road
in West Houston.
The community offers
nearby access to Interstate 10 and Beltway 8 and numerous retail, dining and
recreational destinations, including City Centre, Memorial City Mall, Bear
Creek and Terry Hershey Park.
Completed in 2014, the
wrap-style community has a variety of one- and two-bedroom floor plans ranging
from 705 to 1,338 square feet. Units
feature granite countertops, contemporary cabinetry, stainless steel
appliances, in-unit washers and dryers, modern lighting, soaking tubs and
built-in USB charging ports.
Community amenities include a resort-style
swimming pool with sundeck and grill area; activity courtyard with an outdoor
kitchen, bocce ball court, covered lounge area with TV and billiards table;
fitness center; cyber café with entertainment kitchen; business center; private
conference room; and dog run.
The HFF debt placement
team representing the borrower was led by senior managing director Matt Kafka.
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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