DENVER—Holliday Fenoglio Fowler, L.P. has secured financing totaling $77.5 million for two multi-housing communities in the greater Denver area – Terra Vida and Block 32 at RiNo.

HFF worked on behalf of Jeffrey Sanders of Boulder, Colorado-based MountainView Capital, LLC to secure Fannie Mae financing through M&T Realty Capital Corporation in two separate transactions. A $36.94 million, 20-year, 3.95% fixed-rate loan was secured for Terra Vida and a $37.86 million, 20-year, 3.98% fixed-rate loan was secured for Block 32 at RiNo. Both loans will be used to refinance existing HUD debt on the properties that was assumed at acquisition and opened to prepayment in conjunction with the closing of these refinances.

Terra Vida is located at 3707 Precision Drive in the Fort Collins submarket near the Interstate 25 and Harmony Road interchange and less than eight miles from Colorado State University's main campus. Completed in 2012, the three-story, dlass A property has 240 units averaging 953 square feet each and is 96.3 percent leased. Community amenities include a Junior Olympic swimming pool and a 5,400-square-foot clubhouse featuring a 24-hour fitness club, pet washing station, pool table and complimentary wireless internet.