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| Village Walk Apartments, 7651 Gate Parkway, Jacksonville, FL |
HOUSTON, TX –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has arranged a refinancing for Village Walk, a 240-unit, Class A,
garden-style apartment community in Jacksonville, Florida.
HFF worked exclusively on
behalf of the borrower, Venterra Realty (Venterra) to place the seven-year,
3.51 percent, fixed-rate loan with a life company lender.
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| Cortney Cole |
Village Walk is located at
7651 Gate Parkway near the nexus of Loop 295 and Highway 202 in Jacksonville’s
Southside submarket. The property is
near retail amenities such as St. Johns Town Center; the University of North
Florida campus; and employers such as Citibank, the Federal Bureau of
Investigation, Bank of America, Deutsche Bank and numerous other financial
services and insurance companies.
Village Walk consists of
23, two-story buildings with residential units averaging 1,163 square feet and
amenities, including gourmet kitchens, garden tubs, walk-in closets, nine-foot
ceilings and in-unit washers and dryers.
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| Elliott Throne |
The HFF debt placement
team representing Venterra was led by managing directors Cortney Cole and Elliott
Throne.
Venterra Realty (Venterra) specializes in the
identification, finance, acquisition and management of multifamily residential
communities in the southern United States.
Venterra currently manages a portfolio of approximately 15,000
multifamily units totaling more than $1.45 billion in value that generates
gross annual income in excess of $180 million.
The organization has completed in excess of
$4 billion of real estate transactions.
Venterra is headquartered in Toronto and employs more than 500 people.
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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