Curated Real Estate Capital Provides $15.75M Construction Loan For Built-to-Rent Community On Old Conroe Rd In Conroe, TX

A construction loan in the amount of $15,750,000 was secured by Cameron Huard of Curated Real Estate Capital for the development of a Built-to-Rent community in Conroe, TX. The loan was used to refinance existing lenders and fund the remainder of the construction for the project, which consists of over 300 units. The property is located at 0 Old Conroe Rd in The Woodlands and is spread across 80,000 square feet of land.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $15,750,000
• Address: 0 Old Conroe Rd - The Woodlands
• Market: Conroe, TX
• Broker: Cameron Huard - Curated Real Estate Capital
• Loan Type: Construction

This loan transaction was facilitated by Cameron Huard of Curated Real Estate Capital. The loan is non-recourse and covers 80% of the total construction cost, with an 80% loan-to-cost ratio. The project aims to create a thriving residential community with more than 300 units.