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January 25, 2018

HFF finances $28M Oregon deal

Forest Hills Apartments in Eugene

The new Seattle office of Holliday Fenoglio Fowler has secured $28 million in financing for the Forest Hills Apartments in Eugene. Scott Gilson and Charlie Watson led the HFF debt placement team. To refinance existing debt, Horizon Realty Advisors — a Seattle partnership that owns the 248-unit complex — secured a 10-year, 3.96 percent fixed-rate, interest-only loan with Freddie Mac's CME Program. HFF will service the debt. Gilson said in a statement, “This deal was very competitively quoted but, ultimately, the client decided to move forward with the Freddie Mac Green Up proposal. The client was able to secure a very low interest rate.”




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