DENVER, CO – November 6, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces $55.2 million in financing Advenir at French Quarter, a 436-unit multi-housing community in Denver, Colorado.

The HFF team worked on behalf of the borrower, Advenir, Inc., to secure the seven-year, fixed-rate loan through Freddie Mac’s CME Program.  The securitized loan was used to refinance existing floating-rate debt on the property, and will be serviced by HFF, a Freddie Mac Multifamily Approved Seller/Servicer for Conventional Loans.

Advenir at French Quarter consists of 436 one- and two-bedroom floorplans within 26 three- and five-story residential buildings.  Located at 3227 South Parker Road, the 95.14-percent-leased property is five miles northeast of the Denver Tech Center, which contains 9.4 million square feet of office space.  Advenir at French Quarter is also within walking distance to the light rail and major transit corridors, including Interstate 25 and 225.  Community amenities include an outdoor pool, sports field, tennis courts, playground, bark park, fitness center and espresso café.

The HFF team representing the borrower included senior managing director Eric Tupler and managing director Josh Simon.

CHARLOTTE, NC – November 5, 2018 – HFF announces the sale and financing of Southpoint Glen, a 346-unit, suburban, garden-style apartment community in Durham, North Carolina. 

The HFF team marketed the property on behalf of the seller, TH Real Estate, an affiliate of Nuveen (the investment manager of TIAA).  StoneBridge Investments purchased the property free and clear of existing financing.  Additionally, HFF’s debt placement team worked on the new owner’s behalf to secure a seven-year, fixed-rate loan through Freddie Mac’s CME Program.  The securitized loan will be serviced by HFF, a Freddie Mac Multifamily Approved Seller/Servicer for Conventional Loans.

Southpoint Glen is located at 5800 Tattersall Drive in a high-growth zip code accessible to employers within Research Triangle Park as well as lifestyle amenities, including 1.3 million square feet of retail at The Streets at Southpoint Mall, more than 20 miles of greenway at the American Tobacco Trail and downtown Durham’s urban center.  The property consists of a mix of one-, two- and three-bedroom layouts averaging 885 square feet with upgrades such as new cabinetry, granite-like countertops, stainless steel appliances and new lighting/hardware.  Community amenities include a swimming pool, grill and picnic area, fire pit, outdoor kitchen, sand volleyball court, 24-hour fitness center, clubhouse, business center, dog park and children’s playground.

The HFF investment advisory team representing TH Real Estate included managing directors Justin Good and Jeff Glenn, senior director Allan Lynch and director Caylor Mark.

HFF’s debt placement team representing StoneBridge consisted of managing director Elliott Throne and senior director Roger Edwards.

MIAMI, FL – November 1, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale and financing of a three-property apartment portfolio totaling 1,048 units in the high-growth submarkets of Broward and Pinellas Counties in Florida.

The HFF team marketed the offering on behalf of the seller, and procured the buyer, a joint venture between KKR, a leading global investment firm, and Carroll Organization.  Additionally, HFF’s debt placement team worked on the new owner’s behalf to secure three separate Freddie Mac-funded acquisition loans.  The Hamptons, which was funded by Freddie Mac’s CME Program, is a 688-unit property located at 1400 Avon Lane in North Lauderdale.  Vinings at Hampton Village, which is a 168-unit property located at 1200 Hampton Boulevard in North Lauderdale, and Sugar Mill Creek, a 212-unit community located at 8500 Belcher Road North in Pinellas Park, were funded by Freddie Mac’s Green Up Program.  The securitized loans will be serviced by HFF, a Freddie Mac Multifamily Approved Seller/Servicer for Conventional and Green Advantage Loans.  All three of the garden-style properties offer accessibility to neighboring employment centers, world-class retail and desirable recreational activities via nearby expressways.

The HFF investment advisory team representing the seller included senior managing director Roberto Casas, senior director Maurice Habif, managing director Jaret Turkell, senior managing director Matt Mitchell and director Zach Nolan.

HFF’s debt placement team representing the new owner consisted of managing director Elliott Throne, senior managing director Ed Coco and associate Ware Shipman.

DENVER, CO – October 8, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces $50 million in financing for 210 St Paul, the first phase of The St Paul Collection (www.stpaulcollection.com), an iconic mid-rise, mixed-use residential and retail property in Denver’s Cherry Creek North neighborhood.

The HFF team worked on behalf of BMC Investments to secure the 11-year, non-recourse, full-term, interest-only fixed-rate loan through Freddie Mac’s Lease-Up Loan Program.  The loan will replace existing construction financing and will be serviced by HFF, a Freddie Mac Multifamily Approved Seller/Servicer for Conventional Loans.

The St Paul Collection is a two-phase development located at the intersection of St Paul Street and 2nd Avenue amid more than 2.5 million square feet of retail within walking distance to the property.  The property’s central location also gives nearby access to major employers in Cherry Creek and Denver’s CBD.  Completed in June, 210 St. Paul comprises 81 luxury residences in a mix of one-, two- and three-bedroom floorplans as well as penthouses ranging in size from 770 to 2,800 square feet.  The property also includes 11,000 square feet of retail leased to CB2, Crate & Barrel’s fresh approach to furnishings & décor.  The second phase, which is not part of this financing, will add an additional 84 residential units and 44,000 square feet of retail space.

Designed by 4240 Architecture, St Paul Collection incorporates luxury condo-quality finishes and modern, open layouts featuring oversized living spaces, gourmet kitchens with Bosch and Thermador appliances, full bathroom suites with heated floors, built-in closet systems, in-home automation, custom hardwood flooring, 10-foot ceilings and private balconies with city and mountain views.  Community amenities include landscaped outdoor spaces and entertaining decks with gas grills; a sun terrace with panoramic views; resort-style health and wellness facility; heated pool and hot tub with private cabanas and fireplaces; resident lounge with outdoor terrace; curated private art collection; grand lobby and porte-cochere; pet grooming facility; and 24-hour on-demand concierge services.

The HFF debt placement team representing the borrower consisted of director Brock Yaffe.

“Working with the HFF team in concert with Freddie Mac is a pleasure.” said Max Bresner, BMC’s Chief Operating Officer.  “HFF executed at a high level and procured very attractive long-term financing for this asset.  Located in the heart of Cherry Creek, Denver’s most premiere submarket, we believe this asset enriches the neighborhood and sets a new standard in rental luxury living.”

WASHINGTON, D.C. – October 1, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces $30.128 million in acquisition financing for Greens at Hilton Run, a 328-unit, garden-style apartment community in Lexington Park, Maryland.

The HFF team worked on behalf of the borrower, Charger Ventures LLC, to secure the 10-year, fixed-rate loan through Freddie Mac’s CME Program.  The securitized loan will be serviced by HFF, a Freddie Mac Multifamily Approved Seller/Servicer for Conventional Loans.

Originally completed in 1988 and 1992, Greens at Hilton Run comprises one-, two- and three-bedroom units averaging 927 square feet each.  The community is located at 46860 Hilton Drive in St. Mary’s County near the Chesapeake Bay waterfront and the mouth of the Patuxent River.  Charger Ventures plans to continue the previous owner’s interior unit renovation program as well as upgrades to the clubhouse and amenities.

The HFF debt placement team representing the borrower included Jamie Leachman and Nicole Brickhouse.

DENVER, CO – September 11, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces $37.525 million in financing for Thistle Sage, a 418-unit, garden-style multi-housing community in Northglenn, Colorado.

Working exclusively on behalf of Jeffrey Sanders of Boulder, Colorado-based Mountain View Capital, LLC, the HFF team secured the seven-year, fixed-rate loan through Freddie Mac’s CME Program.  The securitized loan will be serviced by HFF, a Freddie Mac Multifamily Approved Seller/Servicer for Conventional Loans. Loan proceeds were used to acquire the property and featured flexible prepayment and two years of interest-only amortization.

Thistle Sage comprises 10 four-story residential buildings containing a mix of one- and two-bedroom units averaging 566 square feet.  Located just east of Interstate 25 at 11801 Washington Street, the property is approximately 13 miles north of the Denver CBD and near multiple retail amenities.  The 9.7-acre community features two heated swimming pools, a grilling area, playground and more than 500 open parking spaces.  Thistle Sage was nearly 95 percent occupied at closing.

The HFF debt placement team representing the borrower consisted of managing director Josh Simon and director Kristian Lichtenfels.

“It is always a pleasure to work with the HFF team,” Sanders said.  “Their consistently flawless execution is a true asset when acquiring properties in the current competitive environment.”