DENVER, CO – Holliday Fenoglio Fowler, L.P. (HFF) announces $31 million in financing for two San Antonio, Texas, apartment communities totaling 636 units – Brynwood Apartments and Sereno Park Apartments.

The HFF team worked on behalf of a joint venture between Western Wealth Capital and an MDC Realty Advisors USA, Inc.-managed fund to secure two separate five-year, floating-rate loans through a national bank. The partnership acquired the properties on an all-cash basis in late 2017, and the loans were arranged post-close to assist with their capital expenditure program. This transaction follows the recently announced acquisition loans HFF arranged on the partnership’s behalf for two Phoenix-area multi-housing properties, Greentree Place and Autumn Creek Apartments.

Brynwood Apartments was built in 2007 and consists of 276 one-, two- and three-bedroom units featuring stainless steel appliances, faux quartz countertops, shaker-style cabinets and wood-style flooring. Common area amenities include a resort-style pool with sundeck, grilling area, 24-hour athletic center, clubhouse with coffee café, business center and bark park. Brynwood Apartments is located at 8711 Bowens Crossing one block inside of Loop 1604, which positions it near the University of Texas at San Antonio campus, Six Flags Fiesta Texas, SeaWorld San Antonio and The Shops at La Cantera in San Antonio’s northwest side.

Sereno Park Apartments is situated on nine acres at 3903 SE Military Drive just east of Interstate 37 approximately eight miles southeast of downtown San Antonio. The property’s three-story, Spanish-style buildings house a mix of 360 renovated one-, two- and three-bedroom units featuring breakfast bars, pantries, nine-foot ceilings, faux-wood flooring, full-size washers and dryers and walk-in closets. Community amenities include a swimming pool, grilling stations, bark park, 24-hour athletic club and covered parking.

The HFF team representing the borrower included managing director Josh Simon and senior directors Brad Miner and Chris McColpin.

About MDC Realty Advisors USA, Inc. MDC Realty Advisors USA, Inc. is a private boutique real estate company focused on commercial and multi-residential markets in the western United States and western Canada. The company offers real estate advisory services in investment, asset and property management of office, industrial, retail and multi-residential properties. MDC is also involved in raising capital and private equity real estate investing for asset appreciation. MDC has offices and operations in Denver, Phoenix, Los Angeles, Chicago and Seattle in the U.S. and Calgary, Vancouver and Toronto in Canada. For more information, please visit

About Western Wealth Capital: Western Wealth Capital has a singular focus: create wealth through well-selected real estate investment. WWC acquires underperforming multifamily rental properties and increases net operating income and valuation through an approach that has been successfully applied across its entire portfolio. WWC manages these assets, distributes resulting cash flow to investors and, when appropriate, divests. WWC only focuses on markets underpinned by the economic fundamentals of population, employment and GDP growth. Its entry point is when these demand drivers place long-term pressure on vacancy rates and rental pricing. To date, WWC has invested in the Phoenix and San Antonio markets. Its execution and results have formed strong relationships that give it access to some of the best multifamily investment opportunities in the American Southwest. For more information, email or visit

About HFF: HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit or follow HFF on Twitter @HFF.

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