Documents
Key Facts
Property Description
The Loan was originated in September 2016 and has a total payoff amount of $22,560,997. It was originally structured with a 24-month term and two six-month extension options. Given the execution of several forbearances, the Loan now matures at the end of December 2020. It carries a floating rate of L + 10.35% with interest-only payments calculated on an Actual / 360 day-count basis and a default rate of 18%.
Investment Highlights
Jones Lang Lasalle (“JLL”) has been retained by the Seller on an exclusive basis to arrange the sale of a $22.5 million multifamily loan (the “Loan”) secured by the first mortgage on a low-rise/garden apartment asset located in Houston (the “Property” or the “Collateral”).

Interested in this property?
Please fill out the form below
Similar Properties
View more
Multi-housing / PRS
Villas of Vista Ridge
US - Lewisville, TX
Multi-housing / PRS
the Brickyard
US - Farmers Branch, TX
Multi-housing / PRS
Laurel Heights Apartments
US - New Braunfels, TX
Multi-housing / PRS
Arbors of Carrollton
US - Carrollton, TX
Multi-housing / PRS
Crown Centre (4.8 Acres)
US - Lewisville, TX
Multi-housing / PRS
Gables Uptown Tower
US - Dallas, TX
Multi-housing / PRS
Lenox Castle Hills
US - Carrollton, TX
Multi-housing / PRS
Amberjack Estates
US - Houston, TX
Multi-housing / PRS
Champions at Ponderosa
US - Houston, TX
Multi-housing / PRS
Parc at 505
US - Houston, TX
Multi-housing / PRS
Marquette at Piney Point
US - Houston, TX
Multi-housing / PRS
Avenue Grove
US - Houston, TX
Multi-housing / PRS
Lansbourough
US - Houston, TX
Multi-housing / PRS
Crystal Bay & Savoy Manor
US - Webster, TX
Multi-housing / PRS
Aspen Heights Corpus Christi
US - Corpus Christi, TX
Multi-housing / PRS
Life at Emerald Oaks
US - Hitchcock, TX
Multi-housing / PRS
The Whitley Apartments
US - Austin, TX
Multi-housing / PRS
Sunrise Briar Forest
US - Houston, TX
Multi-housing / PRS
Naismith Hall
US - Lawrence, KS
Multi-housing / PRS
Cortona South Tampa
US - Tampa, FL
Multi-housing / PRS
HFF-9410-Regent, The
US - Baton Rouge, LA
Multi-housing / PRS
Independence Towers
US - Independence, MO
Multi-housing / PRS
CEV Morgantown
US - Morgantown, WV
Multi-housing / PRS
Harvey Family Portfolio
US - New york, NY
Multi-housing / PRS
Bluffs at Highlands Ranch
US - Highlands Ranch, CO
Multi-housing / PRS
100 Columbus Ave
US - San Francisco, CA
Multi-housing / PRS
62-82 Saunders Street
US - Rego Park, NY