Madera Residential Acquires 270-Unit Multifamily Property In Houston With $30M Loan From PCCP, LLC

The multifamily property located at 4139 Bellaire Boulevard in Houston was involved in a recent transaction. The property consists of 270 units and is owned by Madera Residential, represented by Dave Gilles and Jeff Lowry. The loan for the transaction was provided by PCCP, LLC, with Ron Bonneau as the lender. The loan amount was $30,000,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $30,000,000
• Address: 4139 Bellaire Boulevard
• Market: Houston
• Units: 270
• Landlord: Madera Residential - Dave Gilles & Jeff Lowry
• Lender: PCCP, LLC - Ron Bonneau

The individuals involved in the transaction include Dave Gilles and Jeff Lowry from Madera Residential, who represent the landlord, and Ron Bonneau from PCCP, LLC, who serves as the lender. This transaction highlights the ongoing activity in the multifamily market in Houston.