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| Cortney Cole |
OUSTON, TX –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has secured financing for French Place Apartments, an 84-unit,
garden-style apartment community in San Antonio, Texas.
HFF worked on behalf of
the borrower, Venterra Realty (Venterra), to secure the seven-year, fixed-rate
loan through Freddie Mac’s (Federal Home Loan Mortgage Corporation) CME
Program. The securitized loan will be serviced
by HFF, a Freddie Mac Multifamily Approved Seller/Servicer for Conventional
Loans.
French Place Apartments is
located at 109 West French Place in San Antonio’s Monte Vista neighborhood just
north of downtown and just west of Brackenridge Park.
The property is proximate to some of San
Antonio’s top attractions, including The Alamo, Riverwalk, The Pearl Brewery
mixed-use development, Northstar Mall and local schools, including Trinity
University, University of Texas at San Antonio’s Downtown Campus and San
Antonio College.
The property’s units
feature one- and two-bedroom floor plans with fully-equipped kitchens, walk-in
closets and patios/balconies. Common
area amenities include a swimming pool, barbeque grills, courtyards, laundry facility
and covered parking. The property was 97
percent leased at the time of closing.
The HFF debt placement
team representing Venterra was led by managing director Cortney Cole.
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 | hfflp.com
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