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New Texas Medical Center hotel secures multimillion-dollar refinancing

InterContinental Houston – Medical Center, a prominent new hotel in Houston’s Texas Medical Center area, has secured a $102 million refinancing loan, the lender announced Nov. 19. The loan was issued via a partnership between Los Angeles-based Co.....»»

Category: topSource: bizjournalsNov 19th, 2019

Downtown Houston mixed-use development secures $140M refinancing

The firms behind one of downtown Houston’s largest mixed-use office and retail developments have secured a $140 million refinancing. Houston-based Midway and Lionstone Investments, which is owned by Boston-based Columbia Threadneedle Investment.....»»

Category: topSource: bizjournalsNov 14th, 2019

Arbor streamlines loan

Arbor Realty Trust funded a Fannie Mae Streamlined Rate Lock (SRL) loan in Chicago, IL. The loan provides for the refinancing of two properties totaling 457 units. The properties received $50.4M in funding through the program and the loan has a 12-year.....»»

Category: realestateSource: realestateweeklyAug 7th, 2019

TRANSACTIONS: GCP Capital Group arranges mortgage financing in the aggregate amount of $36,820,000

Arbor R.....»»

Category: realestateSource: realestateweeklyAug 7th, 2019

HFF arranges $13M SOMA property refinance

Holliday Fenoglio Fowler arranged the $13.25 million refinancing of SOMA, a 69-unit luxury apartment community in Somerville, New Jersey. HFF worked exclusively on behalf of the borrower, Sterling Properties Group, LLC, to s.....»»

Category: realestateSource: realestateweeklyJul 3rd, 2019

Arbor arranges apartment financing

Arbor Realty Trust funded a $10.6 million acquisition loan in Forest Park, GA. Arbor prov.....»»

Category: realestateSource: realestateweeklyJun 12th, 2019

Marcus & Millichap arranges student housing refiʼ

Marcus & Millichap Capital Corp. (MMCC) has arranged $16,000,000 million in refinancing for a student housing complex l.....»»

Category: realestateSource: realestateweeklyMay 8th, 2019

TRANSACTIONS: Meridian arranges $3.4M Connecticut loan, GCP secures $18M funding for Gravesend property

Arbor Realty Trust, Inc. announced the following loans: A Freddie Mac SBL deal in Carson, CA. Sky South Bay, a 13-unit multifamily property, received $2.8M in funding t.....»»

Category: realestateSource: realestateweeklyMar 13th, 2019

JLL arranges $32.5M SJP refinancing deal

JLL Capital Markets team has completed the refinancing of the 310,000 s/f Somerset Corporate Center IV in Bridgewater, N.J. JLL secured a $32.5 million refinance from Sterling National Bank on behalf of the owners, SJP Properties and PGIM Real Estate......»»

Category: realestateSource: realestateweeklyJun 13th, 2018

Selma biomass facility to resume operation after $59.8M refinancing

New life is being breathed into a Dallas County factory. The Zilkha Biomass Selma LLC pellet mill operation in Selma will resume operation after a $59.8 million refinancing by Houston-based Zilkha Biomass Fuels I LLC. The Alabama operation is using.....»»

Category: topSource: bizjournalsOct 8th, 2018

Cronheim Capital arranges $19.5M refinancing of Dallas hotel

Cronheim Hotel Capital arranged a $19,500,000 refinancing of the Courtyard Dallas Carrollton and Conference Center. The loan was placed with a national lender and offered a 10-year term and 30-year amortization. The rate was locked .....»»

Category: realestateSource: realestateweeklyDec 19th, 2018

TRANSACTIONS: Arbor secures $156M in loans, Meridian arranges $10M on 81st Street

Select Commercial Funding announced the below closed transactions. All loan transactions were negotiated by Stephen A. Sobin, president and founder of Select Commercial. $2,757,798 loan for the acquisition of a 10.....»»

Category: realestateSource: realestateweeklyJan 16th, 2019

Houston"s basic-income participants plan to spend the $500 a month on rent and groceries — but the Texas Supreme Court temporarily blocked the program

Some Houston residents are set to start getting $500 a month in basic income for housing and groceries — if Texas Republicans don't shut it down. Uplift Harris will give $500 a month to partici.....»»

Category: smallbizSource: nytApr 23rd, 2024

Blossom Hotel Houston opens restaurant backed by Michelin-starred chefs

The concept offers a blend of Japanese cuisine, dim sum and desserts......»»

Category: topSource: bizjournalsApr 23rd, 2024

Latinos contribute more to Houston GDP growth than non-Latinos, study shows

Houston's Latino population contributes more to the economic growth of the metropolitan area than the region's non-Latino population, a new study shows......»»

Category: topSource: bizjournalsApr 23rd, 2024

What Lenders Should Do Now to Capitalize on a Potential Refinance Rebound in 2024

It wasn’t long ago when mortgage refinancing was king, generating record-breaking profits and driving lenders with more business than they could handle. During the height of the COVID-19 pandemic in 2020 and 2021, aver.....»»

Category: realestateSource: rismediaApr 22nd, 2024

MidFirst Bank’s acquisition of Amerant Bank’s Texas assets to accelerate local growth

MidFirst Bank's acquisition of Amerant Bank's Texas assets will accelerate its growth in the Houston market, which it first entered in 2021......»»

Category: topSource: bizjournalsApr 22nd, 2024

Empowering small businesses in Houston: The 5 Cs of success and the role of community

In our work with small and midsize businesses across the country, we at Verizon Business see four key building blocks for success – connectivity, cybersecurity, collaboration, and cloud. Connectivity ensures smooth operations and communicat.....»»

Category: topSource: bizjournalsApr 22nd, 2024

Houston-based developer sets eyes on ABQ landmark, apartments planned

Amid Albuquerque's pressing housing demand, a Houston-based developer has set its sights on transforming a 17-story office city landmark into a hub of residential opportunity......»»

Category: topSource: bizjournalsApr 21st, 2024

Houston universities help city claim a top 10 spot for innovation

Houston's universities contribute plenty to the region's innovation, and the study's authors suggested that there's more growth that can happen......»»

Category: topSource: bizjournalsApr 19th, 2024