Updated Oct 13, 2026
Robert Martinez Of Rockstar Capital Secures $54 Million Refinance Loan For 298-Unit Multifamily In Richmond
18313 Farm To Market 1093 Road
$54,000,000
Units
298
Asset Type
MultiFamily
Closing
Jun 26, 2026
About this deal
AI
The transaction involves a multifamily asset located at 18313 FM 1093 Road, Richmond, TX, comprising 298 units. The property underwent a refinance transaction backed by a loan amounting to $54 million, arranged specifically for the Lakeview at Westpark apartment community.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $54,000,000
- Asset Address: 18313 FM 1093 Road
- Market: Richmond, TX
- Units: 298
- Lender: KeyBank
- Landlord: Robert Martinez - Rockstar Capital
- Broker: Brandon Brown - Marcus & Millichap Capital Corporation
- Loan Type: Refinance
- Interest Rate: 5.3%
- Amortization: 35-year schedule
Brandon Brown, representing Marcus & Millichap Capital Corporation, played a crucial role in securing the refinancing through KeyBank, facilitating this significant transaction on behalf of the borrower, Rockstar Capital, led by Robert Martinez.
On the Map
$54,000,000
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.29%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93