HFF Lands Back-To-Back Property Loans For $155M

Law360, New York (November 22, 2011, 5:41 PM EST) -- Commercial real estate firm HFF Inc. has secured a $34.5 million loan for a Los Angeles luxury residential development, the company announced Tuesday, following its success Monday with $120 million in refinancing for a hotel portfolio.

The company secured the 12-year participating construction loan from an unnamed pension fund adviser on behalf of residential developer California Landmark Development, according to the Tuesday statement. The property is located on Wilshire Boulevard in the Brentwood neighborhood of Los Angeles.

HFF also announced on Monday that it had arranged...
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