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Fremont has $80m hand in project.


A joint venture of Connecticut-based Greenfield Greenfield, town (1990 pop. 18,666), seat of Franklin co., NW Mass., at the confluence of the Deerfield and Green rivers, near their junction with the Connecticut; settled 1686, set off from Deerfield and inc. 1753.  Acquisition Partners and Sun Valley, Idaho-based Hennessy Company has secured construction financing for the Elkhorn Springs development in Sun Valley, Idaho <includeonly></includeonly> Sun Valley is a city and affluent resort community in the central part of the U.S. state of Idaho, adjacent to the city of Ketchum in Blaine County. .

Elkhorn Springs will consist of 111 market rate condominiums in six multi-story buildings, 20 paired home residences, 11.000 s/f of retail and commercial space and a newly renovated and Troon Golf-managed Elkhorn Golf Club.

Fremont Investment & Loan provided an $80 million construction loan, announced Jeff Teetsel, vice president and regional manager in Fremont's Phoenix office.

Teetsel stated, "Elkhorn Springs will be the only condominium condominium

In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common.
 development in the Sun Valley region to couple high quality condominiums and paired homes with golf memberships in a prestigious top-quality golf club."

The floating-rate loan was arranged by Jay Wagley and Matt Mattox Matt Mattox (b. August 18, 1921 in Tulsa, Oklahoma) is a jazz and ballet dancer.

Mattox was a protegé of the legendary jazz dance pioneer Jack Cole, with whom he worked on Broadway in Magdalena (1948).
, of L.J. Melody & Company.
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Title Annotation:INSIDE CONSTRUCTION & DESIGN
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 13, 2005
Words:132
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