HFF Secures $190 Million Financing for Fountain Place

DALLAS — Holliday Fenoglio Fowler (HFF) has secured $190 million in financing for Fountain Place, a 1.2 million-square-foot office tower located in Dallas. John Brownlee, Steve Heldenfels and Jim Curtin of HFF worked on behalf of the borrower, Goddard Investment Group, to secure the financing through AIG Investments. The $190 million loan was broken into two components: a $100 million, initial seven-year, fixed-rate loan; and a $90 million floating-rate loan. Proceeds are being used to take out the existing financing and fund tenant improvements and leasing commissions, as well as capital expenditures for the construction of a new parking garage and interior renovations.