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Brokerage
Posted: January 12, 2009
HFF arranges $28.2m financing for Landing at Jack London Square
The Hartford office of Holliday Fenoglio Fowler, L.P. (HFF) has arranged a $28.2 million first mortgage financing for Landing at Jack London Sq., a 282-unit, class A waterfront multifamily community.
Working exclusively on behalf of Legacy Partners Landing LLC, with managing partner Cornerstone Real Estate Advisers, HFF senior managing director Dana Brome and director Susan Larkin placed the five-year, fixed-rate loan with Freddie Mac. HFF will also service the loan.
The Landing at Jack London Square is at 101 Embarcadero Way along the banks of the Oakland Estuary and adjacent to Jack London Sq. Completed in 2000, the 95% occupied property has four residential buildings with studio, one and two bedroom units.
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