HFF Arranges $200 Million Financing on Behalf of Clarion Partners for 9-Property National Mixed-Use Portfolio
November 17 2016 - 4:47PM
Business Wire
Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has
arranged $200 million in financing for a nine-property portfolio
comprising multi-housing, industrial and retail properties in six
states throughout the U.S.
HFF worked on behalf of the borrower, a commingled fund managed
by New York-based Clarion Partners, LLC, to secure the fixed-rate
loan through one of HFF’s correspondent lenders.
The loan is secured by three multi-housing properties totaling
761 units in Plano and Dallas, Texas, and Minneapolis, Minnesota;
four industrial properties totaling 1,718,768 square feet in
Hanover, Maryland; Denver, Colorado; Pompano Beach, Florida and
Redlands, California; and two retail properties totaling 275,859
square feet in Delray Beach and Celebration, Florida.
The HFF debt placement team representing the borrower was led by
senior managing director Riaz Cassum, director Lauren O’Neil and
senior real estate analyst Robyn King.
About Clarion Partners,
LLC
Clarion Partners, an SEC registered investment adviser, FCA
authorized manager and FINRA member firm, has been a leading U.S.
real estate investment manager for more than 34 years.
Headquartered in New York, the firm has offices in Atlanta, Boston,
Dallas, London, Los Angeles, São Paulo, Seattle and Washington, DC.
With $43.1 billion in total assets under management, Clarion
Partners offers a broad range of real estate strategies across the
risk/return spectrum to its more than 200 domestic and
international institutional investors. More information about the
firm is available at www.clarionpartners.com.
About HFF
HFF and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE:
HF). HFF operates out of 23 offices nationwide and is a leading
provider of commercial real estate and capital markets services to
the U.S. commercial real estate industry. HFF together with its
affiliate HFFS offer clients a fully integrated national capital
markets platform including debt placement, investment sales, equity
placement, advisory services, loan sales and commercial loan
servicing. For more information please visit hfflp.com or follow
HFF on Twitter @HFF.
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version on businesswire.com: http://www.businesswire.com/news/home/20161117006369/en/
HFFRiaz Cassum, 617-338-0990HFF Senior Managing
Directorrcassum@hfflp.comorLauren O’Neil, 617-338-0990HFF
Directorloneil@hfflp.comorKristen Murphy, 617-338-0990HFF
Director, Marketingkrmurphy@hfflp.com
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