HFF’s Dallas office arranged a $65 million refinancing for 1700 Pacific, a 49-story, Class A, downtown office tower. On behalf of Berkeley Investments, HFF managing director Steve Heldenfels and senior managing director Whitaker Johnson placed the five-year, fixed-rate loan with ING Investment Management. (HFF is the correspondent for ING.) Berkeley Investments is owned by Jon Hamilton and the Hamilton family. The 1.3M SF 1700 Pacific was recently renovated and is located between Elm and Pacific Streets (as compared to exclusively on Elm, which, we hear from sources at Bisnow Hollywood, would be a nightmare.) |
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