 |
| Cortney Cole |
HOUSTON, TX –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has secured acquisition financing for Venue at Hometown, a 209-unit, Class A
multi-housing community in the Fort Worth, Texas, suburb of North Richland
Hills.
 |
| Steve Heldenfels |
HFF worked exclusively on
behalf of the borrower, Venterra Realty (Venterra) to place the seven-year,
4.06-percent fixed-rate loan with a life insurance company.
Venue at Hometown is
located at 9012 Courtenay Street less than three miles northeast of Loop 820
and North East Mall in Richland Hills.
The property offers a mix of one-, two- and three-bedroom residential
units situated around a landscaped center courtyard along with approximately
20,000 square feet of ground-floor retail.
Community amenities
include a swimming pool with sundeck, fitness center with flat-screen
televisions, clubhouse and business center.
The property is 94 percent leased.
The HFF debt placement
team representing Venterra was led by managing directors Cortney Cole and Steve Heldenfels
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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