HALL Structured Finance Provides $36.2M Loan For Humble Ranch Development Site In Atascocita
Texas
See Similar DealsHALL Structured Finance Provides $36.2M Loan For Humble Ranch Development Site In Atascocita
Summary
The transaction involved a construction loan for a development site known as Humble Ranch, a 160-unit build-to-rent project located in Atascocita, Texas. The loan amount was $36,200,000, which was issued by HALL Structured Finance. The project is slated for completion in Q3 2026 and will feature various amenities tailored for residents.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $36,200,000
- Lender: HALL Structured Finance
- Landlord: Bobby C. Orr Jr. - Lēva Living
- Broker: Paul Smyth - Broadsword Investors
- Market: Atascocita
- Loan Type: Construction
This construction loan was arranged by Broadsword Investors and is intended for a project developed by Lēva Living, which is led by Bobby C. Orr Jr. The project promises high-end finishes and shared amenities, catering to the needs of prospective residents in the area.
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