HOUSTON-- A 312-unit, garden-style multifamily community in the Atlanta suburb of Peachtree City has received secured acquisition financing by the Houston office of HFF.

Working on behalf of the borrower, Venterra Realty, HFF placed the five-year loan with a life company lender. The loan has a fixed-rate of 3.33 percent with three years of interest-only payments.

HFF was unable to offer additional comments by press time.

Balmoral Village is located at 450 South Peacthree Parkway approximately three miles from State Route 54 and 35 miles southwest of Atlanta's central business district. The property is 97 percent leased and has one-, two- and three-bedroom townhomes and apartments ranging from 662 to 1,450 square feet. Community amenities include two resort-style swimming pools, a sundeck with barbecue grills, two tennis courts, a fitness center, a clubhouse, a “bark park,” a car-care center and a playground. In addition, the property is about 1.5 miles from the Planterra Ridge Golf Club and is connected by one of Peachtree City's more than 90 miles of multi-use paths for pedestrians, cyclists and golf carts.

Directors Cortney Cole and Chip Sykes led the HFF debt placement team representing the borrower.

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