BROOMFIELD, CO—KeyBank Real Estate Capital recently provided a $22.1 million loan through Freddie Mac for Griffis/Blessing, Inc., a real estate services firm headquartered in Colorado. Additional terms of the loan include a fixed-interest rate and 30-year amortization schedule. Vice President Charles H. Williams and Western Regional Manager Jon Reible from KeyBank's Multifamily Group worked with the borrower to arrange financing on Willow Run Village, a Class A multifamily property located in Broomfield, Colo. that contains 216 garden-style apartments. Prior to closing the Freddie Mac capital markets execution transaction, Senior Banker Alex Buecking from KeyBank's Income Property Group closed an interim bridge loan within four weeks to facilitate a year-end closing on the asset.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
