 |
| Cortney Cole |
HOUSTON, TX –– Holliday
Fenoglio Fowler, L.P. (HFF) announces financing for West 46th Apartments,
a 171-unit, podium-style apartment community in Nashville’s Sylvan Park
neighborhood.
The HFF team
worked exclusively on behalf of the borrower, Venterra Realty, to place the
10-year, fixed-rate loan with interest-only payments throughout the entire
term. Loan proceeds were used to acquire the property.
West 46th
Apartments is located at 4510 Charlotte Avenue just south of Interstate
40. The centrally located property is walking distance to iconic Sylvan
Park bars and eateries just west of downtown.
Completed in
2016, units feature boutique studio, one- and two-bedroom floor plans with nine-foot
ceilings, plank flooring, designer lighting packages, granite countertops,
in-unit washers and dryers and private balconies.
 |
| Chip Sykes |
Common area
features include a bike share program, 24-hour fitness room, two community
courtyards with grills and pet-friendly spaces, two lounges with flat screen
TVs for social gatherings, and access to nearby parks and running trails.
The HFF debt
placement team representing Venterra included managing directors Cortney
Cole and Chip Sykes.
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 $1.6 billion in value. The organization has completed
in excess of $4 billion of real estate transactions. Venterra is
headquartered in Toronto and Houston; and employs more than 550 people
For more information,
please contact:
KRISTEN MURPHY
HFF Director, Public Relations
(617) 338-0990
No comments:
Post a Comment