Equus Capital Partners Secures $40M Loan For Houston Office Property

In a recent transaction in Houston, Equus Capital Partners, the landlord, secured a $40,000,000 loan from East West Bank. The loan was obtained for the office property located at 5300 Memorial Drive & 10497 Town Country Way. This five-year, floating-rate loan will provide Equus Capital Partners the necessary funds for their office asset.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $40,000,000
• Address: 5300 Memorial Drive & 10497 Town Country Way
• Market: Houston

JLL Capital Markets acted as the broker in this deal, facilitating the transaction between Equus Capital Partners and East West Bank. Their expertise and knowledge of the market contributed to the successful loan agreement.

With the $40,000,000 loan, Equus Capital Partners will be able to further invest in and enhance their office property at 5300 Memorial Drive & 10497 Town Country Way in Houston. This strategic financial move will support Equus Capital Partners in achieving their goals for this asset.