(PR-inside.com)
DENVER, CO - November 5, 2014 - HFF announced today that it has closed the saleof and arranged financing for two multi-housing communities, Wildwood andWyndham Apartment Homes, totaling 570 units in Longmont, Colorado.HFF marketed the property on behalf of the seller, an institutional clientadvised by CenterSquare Investment Management, a BNY Mellon Company.* Advenirpurchased the asset free and clear of existing debt.* HFF also worked on behalfof Advenir to procure 80 percent loan-to-value, fixed-rate acquisition financingin two separate transactions through Freddie Mac's (Federal Home Loan MortgageCorporation) CME Program. Wildwood and Wyndham were both fixed for 10 years withfive years of interest ..
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DENVER, CO - November 5, 2014 - HFF announced today that it has closed the saleof and arranged financing for two multi-housing communities, Wildwood andWyndham Apartment Homes, totaling 570 units in Longmont, Colorado.HFF marketed the property on behalf of the seller, an institutional clientadvised by CenterSquare Investment Management, a BNY Mellon Company.* Advenirpurchased the asset free and clear of existing debt.* HFF also worked on behalfof Advenir to procure 80 percent loan-to-value, fixed-rate acquisition financingin two separate transactions through Freddie Mac's (Federal Home Loan MortgageCorporation) CME Program. Wildwood and Wyndham were both fixed for 10 years withfive years of interest ..
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