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Brokerage
Posted: October 3, 2008
Brome and Larkin of HFF negotiates $30m mtge. for 309-unit multifamily
The Hartford office of Holliday Fenoglio Fowler, L.P. (HFF) arranged a $30 million first mortgage for Campus Grove Apartments, a 309-unit multifamily community. Working on behalf of CREA/Legacy Federal Way, LLC, HFF senior managing director Dana Brome and director Susan Larkin placed the five-year loan with Cigna Investments. The 5.91% fixed-rate financing will be serviced by HFF. CREA/Legacy Federal Way, LLC is a joint venture between Legacy Partners and Cornerstone Real Estate Advisers on behalf of MassMutual Life Insurance Co.
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