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| HiLine at Littleton Commons Apartments, Littleton, CO |
DENVER, CO –– Holliday
Fenoglio Fowler, L.P. (HFF) announces $63 million in financing for HiLine at
Littleton Commons, a 385-unit, Class A apartment community in the south Denver
suburb of Littleton, Colorado.
Working exclusively on behalf of FMF Littleton LLC, the HFF team
secured the five-year, 4.15 percent fixed-rate loan through a life company
lender. Loan proceeds were used to recapitalize the deal and refinance
existing construction financing.
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| Josh Simon |
The loan featured full-term,
interest-only, flexible prepayment and the ability to advance future loan
proceeds at a future date.
Situated on 18.06 acres at 8300 Erickson, HiLine at Littleton
Commons is in the Highlands Ranch/Lone Tree submarket south of Denver.
The property is just off C-470 and near the Mineral Light Rail Station, which
offers access to the Rocky Mountains, downtown Littleton and the Denver Tech
Center.
Completed in 2016, HiLine at Littleton Commons features a mix of
one-, two- and three-bedroom units and a total of 620 parking spaces, including
attached and detached garages.
Community amenities include an outdoor
pool, hot tub, tanning deck with cabanas, outdoor kitchen and grilling area,
24-hour fitness center, clubhouse, billiards table, business center and dog
park with dog wash station.
The HFF debt placement team representing the borrower consisted of
managing director Josh Simon.
For more information, please contact:
OLIVIA HENNESSEY
HFF Public Relations Specialist
(713) 852-3500
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