HOUSTON—Transwestern has arranged the construction financing for the Arabella, a luxury condominium tower to be developed on the southeast corner of San Felipe Road and Westcreek Lane in the Galleria submarket.
The 33-story property, which will have a total of 99 residences, is scheduled for completion in the fall of 2017. Transwestern managing directors Jan Sparks and Michael Snodgrass arranged the financing on behalf of developer Randall Davis of D.C. Partners.
“Arabella's complex financing structure made the deal intriguing and exciting to be a part of,” Sparks told GlobeSt.com. “We were pleased to work with Randall Davis once again, and we know Arabella will be a premier product in Houston.”
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