DALLAS, TX – July 12, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces acquisition financing for a six-property multi-housing portfolio totaling 2,048 units in the Dallas-Fort Worth metropolitan area.
The HFF team worked on behalf of the borrower, Exponential Property Group, to secure the fixed-rate loan through Global Atlantic Financial Group.
The six properties in the portfolio are Cedar Point at 2020 Cedar Point Drive in Arlington (272 units); Emerald Hills & Normandale at 8950 N. Normandale Street in Fort Worth (398 units); Marine Creek at 4500 Marine Creek Parkway in Fort Worth (248 units); The Woodlands at 7040 John T. White Road in Fort Worth (346 units); Pecan Knoll & Broadway at 1051 E. Centerville Road in Garland (492 units); and Quail Ridge at 1919 W. Tarrant Road in Grand Prairie (292 units). The assets are approximately 98 percent leased overall.
Central Commercial Group 