facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Texas

/

Multifamily

/

Loan

/

13115 Whittington Drive

Updated Sep 3, 2026

NewBridge Lending Secures $33,000,000 Refinance Loan For MultiFamily Property In Houston
FINANCEDMultiFamily

NewBridge Lending Secures $33,000,000 Refinance Loan For MultiFamily Property In Houston

13115 Whittington Drive

$33,000,000

Building Size

Asset Type

MultiFamily

Closing

Aug 31, 2026

About this deal

AI

The property asset involved in this transaction is a MultiFamily asset located at 13115 Whittington Drive in Houston, TX. The loan amount secured for this property is $33,000,000, and it represents a refinance transaction.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $33,000,000
  • Lender: NewBridge Lending
  • Lender's Representatives: Stender Sweeney and Jeffrey Shepherd
  • Landlord's Representative: Ben Himmel - Meridian Capital Group
  • Loan Type: Refinance
  • Date of Transaction: 08/31/2026

The key individuals involved in this transaction include Stender Sweeney and Jeffrey Shepherd, who represent NewBridge Lending, and Ben Himmel, acting on behalf of Meridian Capital Group as the landlord's representative. Their roles facilitate the successful completion of the refinancing process for the MultiFamily asset.

Players

Ben Himmel

Meridian Capital Group

Broker

$143.7M

vol

4 deals

Broker

Houston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Deal FAQ

Visit Ben Himmel to view all their deals.

Browse Houston multifamily loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.48%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets