 |
| Cortney Cole |
Working
exclusively on behalf of the borrower, Venterra Realty (Venterra), HFF placed
two fixed-rate acquisition loans with two separate lenders.
The loan for
Axial Buckhead has a term of seven years with four years of interest-only
payments followed by a 30-year amortization with a fixed interest rate of 3.15
percent.
The loan for TreePark Apartments has a term of
10 years with seven years of interest-only payments followed by a 30-year
amortization with a fixed interest rate of 4.5 percent.
Axial
Buckhead is located at 3432 Piedmont Road NE in Atlanta’s Buckhead
neighborhood. The property is near Georgia State Route 400 and
Interstates 85 and 285, offering access to the Midtown, Downtown and Perimeter
submarkets of Atlanta.
Axial
Buckhead has one- and two-bedroom units featuring granite countertops, slate GE
appliances, faux wood flooring, lofts, sun rooms and nine-foot ceilings.
Community amenities include a clubhouse, swimming pool, grilling areas, fitness
center and views of the Atlanta skyline.
 |
| Chip Sykes |
TreePark Apartments is located at 130 TreePark Circle in the Gainesville, Georgia, suburb of Flowery Branch. The property is less than five miles east of Lake Lanier and approximately 12 miles southwest of Gainesville.
TreePark
Apartments offers a mix of one-, two- and three-bedroom floor plans ranging
from 780 to 1,638 square feet. Units feature nine-foot ceilings with
crown molding, gas fireplaces, garages, large laundry rooms and individual
storage units.
Common
area features include a resort-style swimming pool, lighted tennis courts,
park, walking paths, fitness center, car care center and playground.
The
HFF debt placement team representing Venterra was led by managing director Cortney Cole and director Chip Sykes.
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
No comments:
Post a Comment