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2221 West Dallas Street

Updated Oct 15, 2025

James Zumot Of Siguler Guff Secures $27.5M Mezzanine Loan For Houston Senior Housing Project
FINANCEDSenior Housing

James Zumot Of Siguler Guff Secures $27.5M Mezzanine Loan For Houston Senior Housing Project

2221 West Dallas Street

$27,500,000

Units

404

Asset Type

Senior Housing

Closing

Sep 22, 2025

About this deal

AI

The property asset involved in this transaction is Us Bayou Park, a 404-unit luxury multifamily community located at 2221 West Dallas Street in Houston. The transaction includes a mezzanine loan amount of $27,500,000, which is part of an $86,000,000 refinancing. The market for this property is Houston, and it falls under the senior housing asset type.

Summary of transaction details:

  • Property Type: Senior Housing
  • Transaction Amount: $27,500,000
  • Address: 2221 West Dallas Street
  • Market: Houston
  • Units: 404
  • Lender: Benefit Street Partners
  • Landlord: James Zumot - Siguler Guff
  • Loan Type: Mezzanine

The deal features ownership by Vero Capital, which will utilize the recapitalization to finance upgrades and long-term improvements under its Us Living platform. Kairoi Residential has been appointed to manage the property in conjunction with this transaction.

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$27,500,000

Senior Housing

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Players

Benefit Street Partners Realty
Benefit Street Partners RealtyLender

James Zumot

Siguler Guff & Company

Landlord

$27.5M

vol

1 deal

Landlord
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Houston Senior Housing Market Snapshot

Boundary boundary · Senior Housing · Loan transactions

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Deal FAQ

About $68.1K per unit across 404 units on a published $27.5M (2025).

Visit Siguler Guff & Company to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.58%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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