New York Real Estate Journal

Holliday Fenoglio Fowler secures financing of $37.8m for two props.

November 3, 2008 - Brokerage
The Boston office of Holliday Fenoglio Fowler (HFF) has secured $37.8 million in acquisition financing for two properties located in London and Geneva, Switzerland. Working on behalf of TJAC, HFF director Anthony Cutone placed two loans through CTL Capital, LLC. ?Proceeds are being used to acquire and renovate the properties. ?TJAC is an international real estate development company. ? Courtfield Gardens is a five-story property in the Kensington area of London. Rue Muzy is a six-story property in Geneva, Switzerland. ?Both properties presently exist as boutique hotels.