Renaissance's Luxury Apartment Development Receives $17.6 Million in Construction Financing Arranged by Holliday Fenoglio Fowler.Business Editors LOUISVILLE, Ky.--(BUSINESS WIRE)--Feb. 4, 2002 The first phase of Glenmary Village -- a proposed 512-unit luxury apartment community in the Fern Creek area of Louisville -- has received $17.6 million in construction financing through a loan arranged by Holliday Fenoglio Fowler, L.P., the nation's leading commercial mortgage banking and investment sales firm. Greg Moulin moulin (m  lăN`): see pothole. and William (Bill) Leffew, of Holliday Fenoglio Fowler's Louisville office, established the loan on behalf of Renaissance-Glenmary Village Apartments, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ., through Firstar Bank/U.S. Bank National Associates. The first phase of the Glenmary Village Apartments development will include 272 units and a clubhouse encompassed within 17 buildings. The second phase will contain the remaining 240 units, configured within 15 additional buildings. The apartments will take up 62 acres along the east side of Bardstown Road, approximately two miles south of the Interstate 265 Loop. "Renaissance has worked very diligently for nearly three years to assemble this property and gain zoning approval," Moulin said. "This is one of two approved apartment developments being built south of the Gene Snyder Marion Eugene Snyder (January 26 1928 – February 16 2007[1]) was an American politician elected as a Republican to the United States House of Representatives from two different districts in Kentucky. Expressway that Holliday Fenoglio Fowler's Louisville office has been involved with. The combination of the excellent location, high commuter traffic Noun 1. commuter traffic - traffic created by people going to or returning from work traffic - the aggregation of things (pedestrians or vehicles) coming and going in a particular locality during a specified period of time volumes along Bardstown Road, visibility and proximity to nearby affluent neighborhoods all indicate a strong demand for Class A apartments." The apartments are part of the larger, 134-acre Glenmary Village residential project planned by Renaissance Development, a local real estate and management company. The apartment development will be complemented by 232 upscale patio homes A patio home is a type of housing. The term tends to imply a suburban setting and a unit of several houses attached to each other, typically with shared walls between units, and with exterior maintenance and landscaping provided through an association fee. , townhomes and condominiums, which will be built within three gated communities gat·ed community n. A subdivision or neighborhood, often surrounded by a barrier, to which entry is restricted to residents and their guests. . Holliday Fenoglio Fowler is the country's largest intermediary of capital for the commercial real estate industry. 2001 was a record-breaking year for the firm, with more than $12.2 billion in business volume. In the past five years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time national mortgage banking firm's debt, equity/structured finance and investment sales transactions have totaled more than $50 billion. |
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