Thursday, June 20, 2019

HFF secures acquisition financing for Bradford Mills Lofts in Louisville, KY

 
Cortney Cole

HOUSTON, TX, June 20, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces it has secured acquisition financing for Bradford Mills Lofts, a 146-unit apartment community in Louisville, Kentucky.

HFF worked exclusively on behalf of the borrower, Venterra Realty, to arrange the seven-year, fixed-rate loan with interest-only payments through Freddie Mac. The loan will be serviced by HFF, a Freddie Mac Optigo℠ lender for Conventional Loans.

Bradford Mills Lofts is located at 1124 Reutlinger Avenue between downtown and the University of Louisville in the Germantown area.  The property consists of two historic textile mill buildings that were converted into loft-style residential in 2017. 

Bradford Mills Lofts, 1124 Reutlinger Avenue between downtown and the University of Louisville, Germantown area, Louisville, KY

Units include one- and two-bedroom floor plans featuring stainless-steel appliances, granite countertops, espresso-stained cabinetry, original hardwood flooring, exposed ductwork, walk-in closets, and in-unit washers and dryers. 

The community also includes a swimming pool, 24-hour fitness center, resident clubroom, outdoor social space and bark park.

The HFF debt placement team representing Venterra was led by managing director Cortney Cole.

CONTACTS:

CORTNEY COLE
HFF Managing Director
(713) 852-3500

OLIVIA HENNESSEY
HFF Public Relations Specialist
(713) 852-3403


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