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3650 REIT, a nationwide commercial real estate lender originating and servicing portfolio loans for relationship borrowers, is pleased to announce it has originated a $31 million loan for the construction of 4411 San Felipe, a 95,000-square-foot mixed-use project consisting of retail and office space located at 4411 San Felipe Street in Houston, Texas. The loan carries a term of 30 months and is provided to sponsor DC Partners, a Houston-based development and investment firm with a portfolio comprising 1.5 million square feet and $500 million currently in development.
“We are pleased to close the year strong with this loan for the San Felipe project, which involves a best-in-class sponsor with a clear path to deliver high-end office and boutique retail space in the desirable Post Oak Park submarket of Houston,” said 3650 REIT Co-Founder and Managing Partner Jonathan Roth. “With our origination of ove
DC Partners obtains financing for San Felipe office and retail building
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DC Partners has secured a $31 million loan for the construction of 4411 San Felipe, a 95,000-square-foot mixed-use development consisting of retail and office space. Miami-based 3650 REIT originated the loan.3650 REITShow MoreShow Less
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DC Partners has secured a $31 million loan for the construction of 4411 San Felipe, a 95,000-square-foot mixed-use development consisting of retail and office space. Miami-based 3650 REIT originated the loan.3650 REITShow MoreShow Less
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DC Partners has secured financing for the construction of 4411 San Felipe, a six-story office and retail building next to its Arabella condominium development inside Loop 610, the project s lender announced.
3650 REIT Originates $31M Loan to Construct Mixed-Use Houston Project
3650 REIT Originates $31M Loan to Construct Mixed-Use Houston Project 3650 REIT, a nationwide commercial real estate lender originating and servicing portfolio loans for relationship borrowers, is pleased to announce it has originated a $31 million loan for the construction of 4411 San Felipe, a 95,000-square-foot mixed-use project consisting of retail and office space located at 4411 San Felipe Street in Houston, Texas. The loan carries a term of 30 months and is provided to sponsor DC Partners, a Houston-based development and investment firm with a portfolio comprising 1.5 million square feet and $500 million currently in development. We are pleased to close the year strong with this loan for the San Felipe project, which involves a best-in-class sponsor with a clear path to deliver high-end office and boutique retail space in the desirable Post Oak Park submarket of Houston, said 3650 REIT Co-Founder and M
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