Friday, February 10, 2017

HFF arranges financing for Hanover Post Oak near Houston Galleria

  
Hanover Post Oak Apartments, Houston, TX

 HOUSTON, TX –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged fixed-rate financing for Hanover Post Oak, a 355-unit, Class A, high-rise multi-housing tower near the Houston Galleria in Houston, Texas.

HFF worked exclusively on behalf of the borrower, The Hanover Company (Hanover), to secure the 10-year, fixed-rate loan through an agency lender.

Cortney Cole

Hanover Post Oak was completed in December 2014 and has 30 floors encompassing a mix of one- , two- and three-bedroom floor plans averaging 1,060 square feet. 

The 355 luxury units feature 10-foot ceilings, hardwood flooring, floor-to-ceiling windows, walk-in closets, open-concept gourmet kitchens, granite and quartz countertops and sweeping views of Houston’s Uptown and CBD skylines. 

Common area amenities include a resort-style pool with private cabanas, 24-hour Technogym fitness club, private screening room, fully-equipped catering kitchen, pet washing station, business center, 24-hour concierge, valet dry cleaning and valet parking services.

Scott Galloway
 Additionally, the property has been awarded National Green Building Standard™ bronze-level certification due to the incorporation of 100 percent renewable power sources, car charging stations, compact fluorescent lighting, energy-efficient windows, ENERGY STAR®-rated appliances, high-efficiency heating and cooling systems, on-site recycling and water-conserving bathroom fixtures.

 Hanover Post Oak is ideally situated in the heart of Houston’s Uptown/Galleria district at 1750 Sky Lark Lane providing residents direct access to the adjacent Whole Foods and upscale retail and dining options at BLVD Place.

 The HFF debt placement team representing Hanover was led by managing director Cortney Cole, executive managing director Scott Galloway and real estate analyst Dustin Selzer.

  
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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