NKF Provides Freddie Mac Loan for Refinancing of 498-Unit Sedona Apartments in Abilene
ABILENE, TEXAS — Newmark Knight Frank (NKF) has provided a Freddie Mac loan of an undisclosed amount for the refinancing of Sedona, a 498-unit apartment community located in the West Texas city of Abilene. The garden-style property was built in phases in the mid-1970s. Units feature stainless steel appliances, hardwood flooring, walk-in closets and patios or balconies. Amenities include two pools, a playground, fitness center, sports court, dog park and onsite laundry facilities. Braden Harmon and Hank Glasgow of NKF originated the loan on behalf of the borrower, CapX Ventures LLC.