X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CASSELBERRY, FL-Holliday Fenoglio Fowler says it has secured an $18.3-million refinancing for Harbor at Lake Howell, a 408-unit apartment complex in this north Orlando suburb. The seven-year, adjustable rate loan was placed with the Federal Home Loan Mortgage Corp.

This is the second large apartment loan that HFF has placed with Freddie Mac in the past month. It also secured $18.5 million financing for the 383-unit Mallory Square Apartments in Tampa.

HFF’s offices in Dallas and Miami worked with LaSalle Investment Management, a Jones Lang LaSalle subsidiary, on the Harbor at Lake Howell refi. The 34-acre complex, located at 1280 Vinings Lane in Casselberry, is 90% leased with one- to three-bedroom units ranging from 826 to 1,330 square feet. Orlando-based Zom Florida Inc. is the owner.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. APARTMENTS SPRING 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.