United States Hff Tender

Holliday Fenoglio Fowler L.P. HFF announces that it has arranged 171.2 million in financing for North Harbor Tower a 600-unit high-rise apartment building in Chicagos Lakeshore East neighborhood.HFF worked on behalf of the borrower Waterton to secure the seven-year fixed-rate loan through Freddie Macs Green Advantage program. The loan will be serviced by HFF a Freddie Mac Optigo lender for Conventional Loans.North Harbor Tower is located at 175 North Harbor Drive immediately adjacent to a mix of residential living a Marianos Fresh Market and the six-acre Lakeshore East Park. Originally constructed in 1988 the 55-story tower offers 360-degree views of Lake Michigan Navy Pier the Museum Campus Maggie Daley Park the Chicago River and downtown Chicago. The property comprises 96 studio 72 convertible 234 one-bedroom 108 two-bedroom and 90 three-bedroom units averaging 958 square feet in size. Community amenities include an indoor swimming pool with retractable doors outdoor sundeck outdoor activity area with fire pit and lounge 24-hour fitness center party room with billiards 24-hour library and easy access to local expressways and all of Chicagos downtown and lakefront amenities.The HFF debt placement team representing the seller was led by managing director Stephen Skok and directors Stella Pappas and Gregory Napper.