
Description
Palladius provided a preferred equity investment with a detachment point below $150K/unit for the construction of 336 multifamily units in a growing submarket of NW Houston and adjacency to a Walmart Supercenter. The developer is an experienced owner/operator of multifamily and retail in the Houston MSA.
Houston, TX
Location
Multifamily
Construction
$11.1MM
Loan Amount
36 Mo.
Loan Team