Boston-Based Vazza Real Estate Group Receives $10.8 Million Financing

Holliday Fenoglio Fowler, L.P. (HFF) announced that it has secured $10.8 million in acquisition financing for Maplewood Apartments, a 292-unit multi-housing community in Louisville, Kentucky. HFF worked exclusively on behalf of Vazza Real Estate Group (Vazza) to secure the five-year, fixed-rate loan through a national CMBS lender.  The loan provided two years of interest-only, followed by a 30-year amortization schedule.  Vazza plans to invest additional capital into exterior and interior unit upgrades.