Invesco Real Estate Provides $390.1M Loan To Sixth Street Partners And Madera Residential For Houston Multifamily
811 Town And Country Boulevard, 2727 Revere Street, 4641 Montrose Boulevard, 1911 Holcombe Boulevard & 1320 Montrose Boulevard
$390,100,000
Units
1,967
Asset Type
MultiFamily
Closing
Aug 28, 2025
AI
Invesco Real Estate provided acquisition financing for six Class A multifamily properties in Houston, collectively featuring 1,967 units located at 811 Town And Country Boulevard, 2727 Revere Street, 4641 Montrose Boulevard, 1911 Holcombe Boulevard, and 1320 Montrose Boulevard. The total loan amount secured for this transaction was $390,100,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $390,100,000
- Lender: Charlie Rose - Invesco Real Estate
- Landlord: Alan Waxman - Sixth Street Partners
- Landlord: Dave Gilles - Madera Residential
- Units: 1,967
- Market: Houston
- Loan Type: Acquisition
This financing deal significantly contributes to Invesco's overall credit commitments, totaling $2.3 billion in the first half of 2025, predominantly focused on multifamily and industrial sectors. The key stakeholders involved include Charlie Rose representing Invesco Real Estate, and Alan Waxman from Sixth Street Partners along with Dave Gilles from Madera Residential, who coordinated the acquisition financing for the multifamily portfolio.
Players
Houston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93