HFF Arranges Acquisition Financing for 244-Bed Community Near the University of Oregon

by Katie Sloan

Eugene, Ore. — HFF has arranged acquisition financing for Arena District, a 244-bed student housing community located near the University of Oregon in Eugene.

The HFF team, which included Senior Director Pat Burger, worked on behalf of Cardinal Group to secure the floating-rate loan through Freddie Mac’s CME Program. The securitized loan will be serviced by HFF.

The property offers two- and four-bedroom units. Shared amenities include a fitness center; hot tub; private study room; a study area and internet café; multimedia lounge; a clubroom with gaming and a pool table; and an outdoor courtyard with a grilling station.

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