HFF Secures Debt Financing for Mixed-Use Development Near the University of Texas at Arlington

Located adjacent to the University of Texas at Arlington, 101 Center offers 493 beds of student housing. (Image courtesy of Jay Miller) Located adjacent to the University of Texas at Arlington, 101 Center offers 493 beds of student housing. (Image courtesy of Jay Miller)

Arlington, Texas — HFF has secured debt financing for 101 Center, a mixed-use development located near the University of Texas at Arlington.

The community offers 244 conventional multifamily units and 493 beds of student housing, alongside 18,400 square feet of ground-floor retail. The property serves as the initial phase of Arlington City Center, a downtown core redevelopment project that includes a new central library, city council chambers, a public plaza and private mixed-use development, all set within new urban streetscapes. Jeremy Sain of HFF worked on behalf of the borrower, Catalyst Urban Development, to secure the non-recourse, floating-rate bridge loan through Credit Suisse. HFF previously assisted Catalyst in securing the initial capital for the development of this property in late 2015.

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