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

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.