CHICAGO—Holliday Fenoglio Fowler, L.P. has secured an $18 million bridge loan for Greenspoint Office Park, three class A office buildings in northwest suburban Hoffman Estates with a total of 498,635-square-feet. The development was purchased from the Multi-Employer Property Trust for $23.5 million earlier this year by LPC Realty Advisors on behalf of a pension fund.  

HFF secured the financing through the lender Aetna Life Insurance Company.  The three buildings were financed via two cross-collateralized loans that carry a total blended cost of funds below five percent fixed for three years.  

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