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Woodhouse Secures $33M Refinance Loan From Tannenbaum Capital Group For 4411 San Felipe Street

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FINANCED
$33,000,000

Texas

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Office94,825 SF
Financed 11/26/2025
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Property Image
FINANCED

Woodhouse Secures $33M Refinance Loan From Tannenbaum Capital Group For 4411 San Felipe Street

4411 San Felipe Street

See Similar Deals
Office94,825 SF
Financed 11/26/2025
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$348
Total Square Footage:94,825 SF
Transaction Type:Loan

4411 San Felipe Street is a Class A office building in Houston, comprising 94,825 square feet. The property, which is fully leased, features seven stories and was acquired by Woodhouse in 2022 for $44 million. It has recently undergone refinancing, resulting in a loan amount of $33 million.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $33,000,000
  • Lender: Tannenbaum Capital Group
  • Landlord: Woodhouse
  • Brokers: John Ream & Cassie McIntosh - JLL
  • Loan Type: Refinance
  • Loan Terms: three-year floating-rate

The transaction was arranged by JLL Capital Markets, with John Ream and Cassie McIntosh representing Woodhouse in the refinancing deal. The property is notably anchored by Park House Houston and previously secured a $45 million bridge loan from Southern Realty Trust.

Players

John Ream
6 deals$99M volume(713) 425-5919
BROKER

Cassie McIntosh
JLL
1 deal$33M volume
BROKER

JLL
BROKERAGE

Details

FINANCED
IMAGE: John Ream & Cassie McIntosh DATE: 11/26/2025 ADDRESS: 4411 San Felipe Street MARKET: Houston ASSET TYPE: Office ~ SF: 94,825 LENDER: Tannenbaum Capital Group LANDLORD: Woodhouse BROKERS: John Ream & Cassie McIntosh - JLL (@JLL) LOAN AMOUNT: $33,000,000 LOAN TYPE: Refinance LOAN TERMS: three-year floating-rate NOTE: Woodhouse secured a $33M refinancing loan from Tannenbaum Capital Group for 4411 San Felipe, a 94,825-square-foot Class A office building in Houston, with JLL Capital Markets arranging the deal. The seven-story, fully leased property, anchored by Park House Houston, was purchased by Woodhouse in 2022 for $44M and also recently received a $45M bridge loan from Southern Realty Trust.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$33,000,000.00

Monthly NOI$220,000.00
Monthly Debt Service$208,582.45
Change in Cash Flow$0.00
Refinance Proceeds$0.00