HFF secured $40 million in financing for Broadstone Gardens at Cherry Creek, a 191-unit, Class A apartment community in Denver.
Working on behalf of institutional investors advised by J.P. Morgan Asset Management, HFF placed the short-term, floating-rate loan with Wells Fargo.
Completed in 2014, Broadstone Gardens at Cherry Creek is a LEED Gold property with resident gardening plots, electric car charging station and an on-site recycling program.
The HFF team representing the borrower was led by senior managing directors Mike Tepedino and Eric Tupler, director Jennifer Keller and Leon McBroom.
