Irfan Tejani Of Tejani Group Acquires 12000 SF Retail Property From Farh Quershi In Houston
Building Size
12,000 SF
Asset Type
Retail
Closing
Nov 27, 2025
AI
The property involved in this transaction is a retail asset located in Houston, comprising 12,000 square feet. The transaction occurred on November 28, 2025, with Irfan Tejani as the buyer and Farh Quershi as the seller.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Buyer: Irfan Tejani
- Seller: Farh Quershi
- Broker: Shoby Kurjee - SK Real Estate Consulting
This deal is part of Tejani Group's strategic growth in the Houston market, focusing on disciplined expansion and aggressive execution. Shoby Kurjee, representing SK Real Estate Consulting, plays a crucial role in facilitating this transaction and strengthening Tejani Group's presence in Texas real estate.
Players
Houston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93