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| Chef Beau MacMillan |
The HFF team
worked exclusively on behalf of the borrower, Paxion Real Estate Holdings, an
affiliate of The Wolff Company, to secure floating-rate bridge financing.
Loan proceeds were used to retire existing construction financing.
 |
| Province Springs Apartments Colorado Springs, CO |
Province Springs
is located at 2960 Tutt Boulevard just east of multiple retail and
entertainment amenities along N. Powers Boulevard and just north of Peterson
Air Force Base and Colorado Springs Airport.
Completed earlier this year, the property
encompasses a mix of studio, one- and two-bedroom units averaging 810 square
feet.
Units
feature high-end finishes, including granite countertops, stainless steel
appliances, tile backsplashes, Shaker-style cabinetry, floor-to-ceiling
windows, plank flooring, custom walk-in closets, in-unit washers and dryers and
private patios.
 |
| Leon McBroom |
Province Springs also features best-in-class
wellness services and community amenities, including a spa, fitness studio,
full-service salon, indoor saltwater pool, putting green, dog park, club room,
theater room, creative studio and state-of-the-art event space, as well as
culinary experiences created by Chef Beau MacMillan, which are available
in the property’s restaurants, private dining room or in-home.
The HFF team
representing the borrower included directors Nicole Brickhouse and Leon
McBroom.
The Wolff Company is a
private equity firm headquartered in Scottsdale, Arizona, with offices in
Washington, Massachusetts and California.
For more than six decades,
Wolff has invested in, acquired and developed high-quality, amenities-based
multifamily properties.
 |
| Nicole Brickhouse |
CONTACTS:
NICOLE BRICKHOUSE
HFF Director
(202) 533-2500
LEON MCBROOM
HFF Director
(303) 515-8000
OLIVIA HENNESSEY
HFF Public Relations Specialist
(713) 852-3403
