BROOMFIELD, CO—KeyBank Real Estate Capital recently provided a $22.1 million loan through Freddie Mac for Griffis/Blessing, Inc., a real estate services firm headquartered in Colorado. Additional terms of the loan include a fixed-interest rate and 30-year amortization schedule. Vice President Charles H. Williams and Western Regional Manager Jon Reible from KeyBank's Multifamily Group worked with the borrower to arrange financing on Willow Run Village, a Class A multifamily property located in Broomfield, Colo. that contains 216 garden-style apartments. Prior to closing the Freddie Mac capital markets execution transaction, Senior Banker Alex Buecking from KeyBank's Income Property Group closed an interim bridge loan within four weeks to facilitate a year-end closing on the asset.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
