Raven Capital Management Secures $172 Million Construction Loan For Multifamily Project In Houston

The property asset involved in this transaction is a multifamily residential building located at 5501 La Branch Street in Houston, TX. It comprises 475 units totaling 355,000 square feet. The loan amount associated with this property is $172,000,000, categorized as a construction loan.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $172,000,000
• Address: 5501 La Branch Street
• Market: Houston, TX
• Net Square Footage: 355,000
• Units: 475
• Lender: Brad Walker - Mavik Capital Management
• Borrower: Josh Green, Chris Felice & Andy Richardson - Raven Capital Management
• Capital Advisors: Malcolm Davies & Alexander Rossinsky - WAY Capital
• Loan Type: Construction

The key individuals involved in this transaction include the lender, Brad Walker, representing Mavik Capital Management; the borrowers, Josh Green, Chris Felice, and Andy Richardson, representing Raven Capital Management; and the capital advisors, Malcolm Davies and Alexander Rossinsky, who are associated with WAY Capital.