IRVINE, CA—HFF has arranged $166 million in combined financing for two recently-constructed, class A multifamily communities totaling 670 units in Southern California.

HFF worked on behalf of Lyon Communities to secure the $88 million, 10-year, 3.32%, fixed-rate loan for The Marke at South Coast Metro and the $78.66 million, 10-year, 3.32%, fixed-rate loan for Palomar Station. Both loans were financed through Freddie Mac's premiere lease-up program. The Marke and Palomar Station were 63 and 55% occupied at closing, respectively.

The Marke at South Coast Metro is Lyon's flagship lifestyle community. Situated on 4.44 acres at 100 East MacArthur Blvd in Santa Ana, which is in Orange County's South Coast Metro region, the property is near major arteries such as Interstate 405 and California 55. Completed in 2014, the building's 300 units are composed of 168 one-, 118 two- and 14 three-bedroom units averaging 917 square feet. The resort-style property features a saltwater pool with an outdoor theater, private cabanas, outdoor fire pits and dining tables; a clubhouse with bowling lanes, billiards, Ping-Pong, arcades, a bar/restaurant and an elite training facility with NFL Combine trainer Ryan Capretta of Proactive Sports Performance. On the main level, two courtyards with gas barbecues, outdoor fire pits and seating offer residents another common area. Services include customized health and fitness programs, food and beverage service, event planning, housekeeping and pet services including walking, grooming and care. The property consists of five levels of living area surrounding a six-story parking garage with one subterranean level.