HFF senior managing directors Mike Kavanau and Fred Wittmann worked on the deal, securing the four individual loans from Freddie Mac. Three of the loans are part of the Freddie Mac CME program while the fourth loan is part of the Freddie Mac Capped ARM program.
The 300-unit Jefferson at Dedham Station complex secured a $31.05 million fixed-rate loan. The loan term is for 10 years on the 95%-leased Dedham, MA property.
The Gates at Carlson Center in Minnetonka, MN received a 10-year $23.7 million fixed-rate loan. The 435-unit property is 92% leased.
A $23.7 million, fixed-rate, seven-year loan was secured for the Fountain View on the Plaza in Kansas City, MO. The 396-unit complex is 96% leased.
And lastly, The Villages of Bogey Hills inked a $17.7 million fixed-rate, seven-year loan. The 486-unit property, located in Saint Charles, MO is 95% leased.
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