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| Skye 2905 Urban Flats (Skye 2905), North Union Station Neighborhood, Denver, CO |
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| Eric Tupler |
DENVER, CO, March 27, 2017
– Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured
$81.9 million in acquisition financing for Skye
2905 Urban Flats (Skye 2905), a 400-unit, Class A multi-housing community
in Denver’s North Union Station neighborhood.
HFF worked exclusively on
behalf of the borrower, Griffis Residential, to place the 10-year,
3.98-percent, fixed-rate loan with five years of interest only with a
correspondent life insurance company.
Located across 20th Street
from the Union Station neighborhood and downtown Denver’s only grocery store,
King Soopers, Skye 2905 is in the heart of the city’s cultural core.
The property is situated
on 4.95 acres at 2905 N. Inca Street providing immediate access to major
employers in the central business district and abundant dining, entertainment
and cultural amenities.
Skye 2905 is a
five-story building consisting of one-, two- and three-bedroom units wrapped
around a five-story parking garage with 2,714 square feet of retail on the ground
floor.
The property features
common area amenities, including a swimming pool; outdoor entertainment lounge
with grilling stations; state-of-the-art fitness center with yoga room; indoor
lounge with poker room, gaming center, flat-screen TVs and foosball table; and
downtown, mountain and Coors Field views.
Residences feature
nine-foot ceilings, granite countertops, stainless steel appliances, in-unit
washers and dryers, soaking bathtubs, walk-in closets and wood plank or
polished concrete flooring.
The HFF debt placement
team representing Griffis Residential was led by senior managing director Eric Tupler and managing director Josh Simon.
For a complete copy of the company’s news release,
please contact:
Olivia Hennessey
Public Relations
Specialist
HFF | 9 Greenway Plaza,
Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax
713.527.8725 | www.hfflp.com
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