April 21, 2016 Comments Off on HFF Arranges JV Equity for $100M+ Library Tower Views: 523 California News, San Diego, West

HFF Arranges JV Equity for $100M+ Library Tower

Holliday Fenoglio Fowler, L.P (HFF) arranged joint venture equity for the development of 330 Thirteenth, a more than $100-million residential tower that straddles downtown San Diego’s Ballpark District/East Village neighborhood. The 23-story, Class A+ project includes 221-units, and is slated for completion in 2018.

330 Thirteenth, also known as Library Tower, is situated on a .92-acre site adjacent to the new San Diego Central Library. The 240-foot tower is being designed by Los Angeles-based DesignARC and San Diego-based Rob Wellington Quigley, FAIA.

HFF worked on behalf of the developer, Greenwich, CT-based The Richman Group, on the JV with Glendale, CA-based American Realty Advisors, which contributed equity for the project. HFF’s Aldon Cole, Tim Wright and Hunter Combs handled the equity placement.

Connect with HFF’s Cole

Connect with American Realty Advisors

Connect with The Richman Group

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