Fritz Waldvogel of Colliers Mortgage recently closed a Fannie Mae loan for the refinance of Hillcrest Apartments in Killeen. The 60-unit market rate multifamily property features one- and two-bedroom apartment units with onsite laundry facilities.
The seven-year term loan, arranged through a partnership with Old Capital Lending, is full-term interest only.
Fritz Waldvogel of Colliers Mortgage closed a Fannie Mae loan for a repeat client for the acquisition of a market-rate multifamily property in Buda, Texas, The Bradford. Community amenities at the 264-unit gated community property include concierge service, 24-hour fitness center, carport parking, business center, clubhouse with free wi-fi, resort style swimming pool and sundeck and gourmet coffee bar.
The loan carries a five-year term and was arranged for transaction sponsor, SPI Advisory.
Colliers Mortgage, the debt financing arm of Colliers | U.S., is pleased to announce the hiring of Greg Young as senior vice president, production manager based out of Houston, Texas. Greg has an extensive career within commercial real estate finance and joins Colliers Mortgage with over 21 years of experience, having closed $2.5 billion in financing over his career.
Greg will work with the Colliers Mortgage team with a focus on production across the country for all income producing properties.
Colliers Mortgage is excited to add this veteran finance professional to our team as we continue to grow our platform across the U.S.