{"id":1004127539,"date":"2015-09-16T09:45:41","date_gmt":"2015-09-16T17:45:41","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=360751"},"modified":"2020-05-12T01:39:56","modified_gmt":"2020-05-12T09:39:56","slug":"financing-secured-for-dallas-multifamily-village","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/financing-secured-for-dallas-multifamily-village\/","title":{"rendered":"Financing Secured for Dallas Multifamily \u2018Village\u2019"},"content":{"rendered":"<p><em>By Ioana Neamt, Associate Editor<\/em><\/p>\n<div id=\"attachment_360752\" class=\"wp-caption alignright\" style=\"width: 160px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/4df767e56fbd5517.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-360752\" title=\"The Village Apartments\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/4df767e56fbd5517.jpg\" alt=\"The Village Apartments\" width=\"150\" height=\"150\" \/><\/a><\/p>\n<p class=\"wp-caption-text\"><em>The Village Apartments<\/em><\/p>\n<\/div>\n<p><a href=\"https:\/\/www.hfflp.com\/\" rel=\"nofollow\" >HFF<\/a> has secured financing commitments for <a href=\"https:\/\/www.thevillageapts.com\/\" rel=\"nofollow\" >The Village Apartments<\/a>, a 7,263-unit multifamily asset in Dallas, Texas.<\/p>\n<p>Working on behalf of a joint venture between <a href=\"https:\/\/www.invesco.com\/portal\/site\/us\/template.PAGE\/institutions\/investment-teams\/?javax.portlet.tpst=1d382de44412c1fdb5066cbd7d1ffba0&amp;javax.portlet.prp_1d382de44412c1fdb5066cbd7d1ffba0_FilterList=%3A%3A%3ADOCUMENT%2FFCLASS_INVESTMENT_TEAM%26INVESCO%20REAL%20ESTATE&amp;javax.portlet.prp_1d382de44412c1fdb5066cbd7d1ffba0_action=&amp;javax.portlet.prp_1d382de44412c1fdb5066cbd7d1ffba0_FilterGGA=A0%20&amp;javax.portlet.prp_1d382de44412c1fdb5066cbd7d1ffba0_viewType=&amp;javax.portlet.begCacheTok=com.vignette.cachetoken&amp;javax.portlet.endCacheTok=com.vignette.cachetoken\" rel=\"nofollow\" >Invesco Real Estate<\/a>, <a href=\"https:\/\/www.lpc.com\/\" rel=\"nofollow\" >Lincoln Property Co.<\/a>, and <a href=\"https:\/\/www.crowholdings.com\/\" rel=\"nofollow\" >Crow Holdings<\/a>, HFF managed to secure financing that includes a single-sponsor securitization and a floating-rate credit facility. Provided by <a href=\"https:\/\/www.freddiemac.com\/\" rel=\"nofollow\" >Freddie Mac<\/a>, the loans will be serviced by HFF through its Freddie Mac Program Plus Seller\/Servicer program.<\/p>\n<p>According to HFF, financing proceeds were used to retire an existing Freddie Mac loan facility. The proceeds will also be used to provide additional capital for development at the site.<\/p>\n<p>Located at the intersection of Caruth Haven and Greenville Avenue, roughly eight miles of downtown Dallas, The Village Apartments is a massive, 309-acre property that incorporates 17 distinct apartment communities with more than 10,000 residents. Developed as a \u201ccity within a city,\u201d The Village was constructed in the 1960s and is strategically situated just minutes away from the North Central Expressway and major employment centers such as Baylor Medical Center and The Presbyterian Medical Complex.<\/p>\n<p>The Village Apartments features one-, two-, and three-bedroom flats or townhome-style apartments. Amenities include 29 community pools, covered parking garage, two lakes, 2.5 miles of jogging and biking trails, and a network of streams and water features. Given its size, the massive village has its own magazine, Landscape Company, central maintenance request call center, and dedicated courtesy and horse patrol.<\/p>\n<p><em>Image courtesy of The Village Apartments<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HFF has secured financing commitments through Freddie Mac for The Village Apartments in Dallas.<\/p>\n","protected":false},"author":192,"featured_media":1004505706,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21742],"tags":[682],"class_list":["post-1004127539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-latest","tag-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financing Secured for Dallas Multifamily \u2018Village\u2019 - 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\/financing-secured-for-dallas-multifamily-village\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financing Secured for Dallas Multifamily \u2018Village\u2019\" \/>\n<meta property=\"og:description\" content=\"HFF has secured financing commitments through Freddie Mac for The Village Apartments in Dallas.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/financing-secured-for-dallas-multifamily-village\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-09-16T17:45:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-12T09:39:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/4df767e56fbd5517.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ioana Neamt\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/financing-secured-for-dallas-multifamily-village\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/financing-secured-for-dallas-multifamily-village\/\",\"name\":\"Financing Secured for Dallas Multifamily \u2018Village\u2019 - 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