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Page 24 - January 3-16, 2018
I N D U S T R Y D I R E C T O R Y
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Belmont Buckingham
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Commercial Lending,
Workouts and Foreclosure
Real Estate and Commercial
Litigation
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and Litigation
Corporate
Finance
by Jennifer Hayes
Holliday Fenoglio Fowler
LP arranged financing total-
ing $62.68 million for a pair of
Denver apartment properties.
The HFF team worked on
behalf of borrower Denver-
based RedPeak Properties to
secure two separate 10-year,
interest-only, fixed-rate loans
through PGIM Real Estate
Finance, the commercial
mortgage finance business of
PGIM, the global investment
management business of Pru-
dential Financial Inc., for the
Timber Creek and 7/S Haus
apartments.
The $38.12 million loan for
Timber Creek has a rate of
3.73 percent. The $24.56 mil-
lion loan for 7/S Denver Haus
has a rate of 3.83 percent. Loan
proceeds were used to refi-
nance existing debt.
The HFF debt placement
team representing the borrow-
er included Josh Simon, man-
aging director, and Eric Tupler,
senior managing director.
Located at 8899 E. Prentice
Ave. in Greenwood Village,
Timber Creek Apartments
The 7/S Denver Haus apartments was the subject of a $24.56 million loan.