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| 2093 Mount Diablo Apartments, Concord, CA |
SAN FRANCISCO, CA, July
26, 2017– Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has
arranged $1.5 million in acquisition financing for 2093 Mount Diablo, a 14-unit multi-housing property in Concord,
California.
HFF worked on behalf of
the borrower, PTLA Real Estate Group, to secure the seven-year, fixed-rate loan
with five years of interest only.
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| Chris Gandy |
2093 Mount Diablo features
studio and one-bedroom units ranging from 500 to 565 square feet. The two-story property is located less than
six miles north of Walnut Creek and approximately 30 miles northeast of
downtown San Francisco providing access to some of the Bay Area’s major
employment centers via Interstate 68 and California 24.
With a Walk Score® of 93,
2093 Mount Diablo also offers residents an array of nearby local retail and
recreational amenities in the Outer Concord/Pleasant Hill submarket.
The HFF debt placement
team representing the borrower was led by director Chris Gandy.
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 | hfflp.com
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