{"id":1004092714,"date":"2014-03-16T14:28:25","date_gmt":"2014-03-16T22:28:25","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=246864"},"modified":"2022-12-08T19:07:57","modified_gmt":"2022-12-09T03:07:57","slug":"hff-secures-23-5-million-financing-package-for-2-national-city-m-f-properties","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-secures-23-5-million-financing-package-for-2-national-city-m-f-properties\/","title":{"rendered":"HFF Secures $23.5 Million Financing Package for 2 National City M-F Properties"},"content":{"rendered":"

By Alex Girda, Associate Editor<\/em><\/p>\n

HFF recently secured financing for two National City multifamily complexes owned by PCD Capital Group and Birge & Held Asset Management. The firm worked with Opus Bank on behalf of the borrower, and completed two financing deals worth a total of $23.5 million. The HFF team in charge of securing the loans was headed by Zach Koucos. \u00a0<\/span><\/p>\n

The two communities are l\"\"<\/a>ocated in National City and offer a total of 141 residential units. Centro Apartments and Harborview Apartments are Class A multifamily properties situated five blocks apart. HFF provided a $14.2 million fixed-rate loan for Harborview, while Centro received a $9.3 million loan. Both deals carry 10-year terms with initial fixed-rate periods of five years on a non-recourse basis, a statement announcing the deal shows.<\/p>\n

Centro Apartments is located about four miles south of downtown San Diego at 45 East 12th<\/sup> Street in National City. The four-story building offers 60 residential units averaging 959 square feet. Resident amenities include a pool, a barbecue area, common sundeck, and ground-level enclosed parking.<\/p>\n

Harborview Apartments offers \"\"<\/a>81 residences including studios, one- and two-bedroom units, loft and brownstone-style apartments. \u00a0Completed in 2011, the complex offers a resident amenity package that features a rooftop pool and spa, a fitness facility and a business center equipped with computers, a printer and work stations, WiFi Internet access, laundry facilities, gated entry and reserved parking.<\/p>\n

Photo of Centro Apartments courtesy of Facebook account: facebook.com\/centroapts\/<\/em><\/p>\n

Image of Harborview Apartments courtesy of\u00a0rental-living.com<\/em><\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Holiday Fenoglio Fowler recently announced that it had secured financing for two San Diego-area multifamily complexes owned by PCD Capital Group and Birge & Held Asset Management. The provider of commercial real estate and capital markets services worked with Opus Bank on behalf of the borrower, and completed two financing deals worth a total of $23.5 million. The HFF team in charge of securing the loans was headed by Zach Koucos, a director with the company.<\/p>\n","protected":false},"author":237,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1608],"tags":[],"class_list":["post-1004092714","post","type-post","status-publish","format-standard","hentry","category-latest","category-san-diego"],"acf":[],"yoast_head":"\nHFF Secures $23.5 Million Financing Package for 2 National City M-F Properties - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hff-secures-23-5-million-financing-package-for-2-national-city-m-f-properties\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HFF Secures $23.5 Million Financing Package for 2 National City M-F Properties\" \/>\n<meta property=\"og:description\" content=\"Holiday Fenoglio Fowler recently announced that it had secured financing for two San Diego-area multifamily complexes owned by PCD Capital Group and Birge & Held Asset Management. 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