HFF Arranges $30M In Acquisition Financing For Joint Venture

Holliday Fenoglio Fowler, L.P. (HFF), with offices in Newport Beach, has arranged $29.6-million in acquisition financing for a joint venture to acquire four portfolios containing 22 separate properties with Del Taco restaurants in Southern California.

A joint venture between Capital Real Estate Ventures, Inc. and Orion Investment and Management Ltd. Corp., took a non-recourse, two-year, floating-rate loan with Wells Fargo Restaurant Finance Group.

The HFF debt placement team, representing the borrower, consisted of senior managing director Kevin Mackenzie and director Greg Brown.