FORT COLLINS, CO—HFF has secured $46.7 million in financing for the recently completed Trails at Timberline, a 314-unit luxury lifestyle apartment community developed here by McWhinney.

Working on behalf of DTMF Investments, LLC, an affiliate of McWhinney, HFF placed the 30-year, 4.42% fixed-rate Fannie Mae loan with M&T Realty Capital Corporation. The loan has a two-year, interest-only period, and is taking out a construction loan on the property.

The Trails at Timberline is situated on a 16.09-acre site at 2451 S. Timberline Road, close to major Fort Collins and Front Range employers, Colorado State University, Old Town Fort Collins, Foothills Mall and the Front Range Village shopping center. Completed in 2014, Trails at Timberline has 12 residential buildings with studio through three-bedroom units averaging 896 square feet each. Community amenities include a resort-style pool, two-lane bowling alley, fitness center, 3D theatre room, gourmet community kitchen, outdoor barbecue/fire pit area and HD golf simulator. The property also promotes a strong sense of community with weekly event programming including yoga classes, themed happy hours and special holiday gatherings. The Trails at Timberline is 98% occupied.

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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.