HFF ARRANGES $100 MILLION LOAN FOR FOUR-PROPERTY PORTFOLIO

by admin

CHICAGO — The Chicago and Boston offices of Holliday Fenoglio Fowler (HFF) have arranged $100 million in financing for a 1,617-unit, four-property multifamily portfolio. The financing includes a 10-year, $23.7 million loan for The Gates of Carlson Center, a 435-unit property located at 300 Carlson Parkway in Minnetonka, Minn.; a 7-year, $27.48 million loan for Fountain View on the Plaza, a 396-unit community located at 4800 Oak St. in Kansas City, Mo.; a 7-year, $17.7 million loan for the 486-unit Villages of Bogey Hills, located at 2200 Lake Ct. in St. Charles, Mo.; and a 10-year, $31.05 million loan for Jefferson at Dedham Station, a 300-unit property located at 1000 Presidents Way in Dedham, Mass. Mike Kavanau and Fred Wittmann of HFF arranged the financing through Freddie Mac for the borrower, RREEF.

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