print header

# 1 Commercial Real Estate Information Company

  • Find Properties 
  • Market Properties 
  • Analyze Properties 
Products
Commercial Real Estate News

Horizon Realty Advisors Secures Financing for Forest Hills Apts

HFF Arranges $28.3M Freddie Mac 'Green Up' Loan in Eugene
January 23, 2018
Horizon Realty Advisors LLC, a company that specializes in student housing, value-add rehab and property management, secured $28.25 million in financing for the 248-unit Forest Hills Apartments at 3950 Goodpasture Loop in Eugene, OR.

Scott Gilson of the newly-formed Holliday Fenoglio Fowler LP (HFF) Seattle office and Charlie Watson of HFF’s Portland, OR office arranged the financing on behalf of the borrower, placing the loan with Freddie Mac. The $28.25 million loan is a 10-year, 3.96 percent, fixed-rate, interest-only securitized loan through Freddie Mac's CME Program.

The securitized loan has also qualified for Freddie Mac's Green Up program, which provides significant interest rate savings in exchange for a commitment to invest in energy saving improvements for the property.

Built in 1997, the 265,000-square-foot apartment community consists of 26 two- and three-story buildings with a mix of studio-, one-, two- and three-bedroom unit. Community amenities include a swimming pool and spa, grilling area, 24-hour fitness center, clubhouse, surround sound theater, playground and access to the nearby Valley River Village bike pathways.
GET IN TOUCH        Contact CoStar News Team:   News@CoStar.com

 Find us on 

Welcome To CoStar's
Industry-Focused,
Award-Winning News

Winner of three Journalism Awards from the National Association of Real Estate Editors (NAREE)

Award-Winning News