HFF announces $52.6 million in financing in two separate transactions for five office properties in Texas and Georgia on behalf of CapRidge Partners, LLC.

The HFF team worked on behalf of the borrower, to secure both floating-rate loans through Prime Finance Partners.

Canyon at Wild Basin is a 75,000-square-foot office property located at 115 Wild Basin Road in southwest Austin. This location along Loop 360 near the intersection of Bee Cave Road is in the midst of Austin’s most desirable residential neighborhoods and affords the property easy access to downtown Austin and Barton Creek. The 63-percent-leased building was built in 1999 and is currently undergoing renovations.

The Atlanta portfolio comprises four Class B office buildings totaling 563,163 square feet in Atlanta and Macon, Georgia. The properties are 80 percent leased overall to tenants including Xerox and Ricoh.

The HFF debt placement team representing the borrower included senior managing director Andrew Scott and managing directors Jim Curtin and Gregg Shapiro.

About CapRidge Partners

CapRidge Partners is a fully integrated investment management and operating company focused on value-add office properties in nine select U.S. markets, including Austin and Atlanta. Their strategy is to acquire well-located assets, below replacement cost, that offer opportunities to add value by providing proactive management, delivering enhanced customer service and wellness amenities, leasing to stabilized occupancies, marking-to-market expiring leases, and completing capital projects. Since 2012, CapRidge has purchased 31 office buildings.

About Prime Finance

Prime Finance is a private commercial real estate finance company with discretionary capital which directly originates mortgage, mezzanine and preferred equity financing. Prime offers a variety of fixed and floating rate non-recourse loans above $10,000,000 on office, retail, hotel, industrial, multifamily, mobile home, self-storage and mixed use properties in all markets around the United States. Prime Finance was formed in June 2008 by San Francisco based Prime Group and currently has over $6.0 billion of assets and surplus capital. The company principals have decades of collective commercial real estate lending and investing experience and have closed over $25BB of loans across over 1,000 transactions in the last 20 years.

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 hfflp.com or follow HFF on Twitter @HFF.