(Mark Your Calendars: RealShare Apartments 2011, October 20 in Los Angeles).

UPLAND, CA-Hutton Cos. has refinanced its 488-Unit College Park Apartments with a $77.2 million FHA loan arranged by Prudential Mortgage Capital Co.’s Prudential Huntoon Paige. John Jacobs of Prudential Mortgage Capital’s Los Angeles office and Martin Herz of Prudential Huntoon Paige’s Colorado office worked together to originate the transaction, and also worked closely with the Los Angeles field office of the US Office of Housing and Urban Development.

Commenting on the transaction in an announcement regarding the loan, Jacobs said that Prudential worked with senior management at the City of Orange-based Hutton Cos. to provide the financing. “Hutton Cos. demonstrated its operational expertise in the development and stabilization of this high-caliber asset during challenging economic times,” Jacobs said.

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