HFF Secures Financing for 400-Unit St. Louis Community
The $27 million loan was secured for the Enclave at Winghaven in O’Fallon, Mo.
By Adina Marcut
St. Louis—HFF recently announced that it has secured a $27 million loan for The Enclave at Winghaven, a 400-unit, Class A community in O’Fallon, Mo. The loan refinances maturing Freddie Mac debt on the property and the borrowers include affiliates of Banner Apartments LLC and Doug Imber, president of Essex Realty Group Inc. The HFF debt placement team was led by Managing Director Matthew Schoenfeldt.
Located at 1000 Applerock Drive, the Enclave at Winghaven provides access to the St. Louis and Clayton commercial area via Interstate 64. The community is also in close proximity to grocery stores, banks, boutique shops, parks, restaurants, schools and major employers.
The Enclave at Winghaven is situated on a 20-acre land and consists of one-, two- and three-bedroom options. Units feature fully equipped gourmet kitchens, private balconies, fireplaces and premium flooring. Property amenities include a resort-style swimming pool, fitness center, tennis court, playground, media room, business center and a clubhouse.
Photo courtesy of The Enclave at Winghaven