The Dallas and Los Angeles offices of Holliday Fenoglio Fowler L.P. teamedup to close the acquisition loan.Director Scott Fowler of the Dallas office and Senior Director Jerry Wise,of the Los Angeles office, arranged the 10-year, 5.2% fixed-rate loanthrough Column Financial Inc, a conduit lender.
Located on 21st Street in Tulsa, the property is situated on a 22-acre lake.The 464 units are located in 39 buildings, made up of two-story,garden-style buildings, incorporating seven floor plans and 24 efficiencyunits, 232 one-bedroom units, 192 two-bedroom units and 16 three-bedroomunits. Additionally, there are 724 parking spaces. The property iscurrently 88% leased.
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