Recent Originations

Palladius provided a multifamily construction loan for a 220-unit, market-rate multifamily development in Waller, TX (Houston MSA), located near major employment centers, including Amazon, H-E-B, and Daikin. The project will consist of 10 three-story residential buildings, each comprising 22 units. The subject property is located within the rapidly growing northwest Houston corridor, offering strong regional access via U.S. Highway 290 and State Highway 6.

Palladius provided value-add financing for a 12.76-acre industrial outdoor storage site in Seattle, WA, strategically located near the Port of Seattle, State Route 99, and the Duwamish Waterway, with access to Boeing Field and Seattle-Tacoma International Airport. The business plan calls for redeveloping the asset as Industrial Outdoor Storage (“IOS”) with 64,000 SF of flex warehouse. Redevelopment will include demolition of aged structures, yard improvements such as grading, graveling, fencing, and lighting, and upgrades to the flex warehouse for single- or multi-tenant use.

Palladius Capital Management originated first-lien bridge financing secured by a 120-key, full-service operating hotel in Downtown Seattle. The asset features comprehensive hospitality amenities, including meeting space, spa and fitness facilities, a restaurant and lobby bar, and structured parking, and is strategically located near major employment centers and demand drivers such as Pike Place Market, the Seattle Waterfront, and the Cruise Ferry Terminal. The sponsor has an extensive track record in the development and positioning of major national and international hotel brands.

Palladius provided a multifamily construction loan for a 237-unit, garden-style multifamily development in Taylor, Texas, scheduled for completion in 2027. Phase I consists of five buildings ranging from two to three stories situated on 10.18 acres. The property is strategically positioned to benefit from Taylor’s significant economic growth driven by Samsung’s $17 billion semiconductor facility and the company’s planned $192 billion regional expansion over the next 20 years.

Palladius provided hotel construction loans for the development of four hotels located in Waco, TX, Brownsville, TX, Cheyenne, WY & Clarksville, TN. The properties consist of two 122-key, one 115-key & one 114-key branded extended stay hotels. The sites benefit from locations in high growth markets, near multiple corporate offices & major employers, retail shopping centers, universities, and health care facilities. The experienced sponsor is one of the world’s largest lodging franchisors with over 7,000 hotels in 35 different countries and over 80 years of experience in the industry.

Palladius provided a bridge loan to a fully entitled mixed-use (multifamily, retail, & office) land site in Austin, TX just south of Downtown projected to break ground in 2025. The site benefits from an irreplaceable location in south Austin adjacent to many of the city’s dynamic employment and lifestyle drivers including Downtown, South First, South Lamar, and South Congress. The experienced borrower is a leading global private markets firm that invests in real estate, private equity, and private infrastructure.

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. The construction has been completed, and the asset is currently in lease up.

Palladius provided acquisition financing for a newly delivered two building, 214,000 SF class A industrial property located in San Marcos, Texas. The property benefits from a strategic location just off Interstate 35 in San Marcos between Austin (33 Miles) and San Antonio (48 miles). The experienced sponsorship group is a privately held, vertically integrated commercial real estate investment and development company with a diversified portfolio of assets including multifamily, industrial/flex, and office properties across the country.