Marketing efforts produced more than 283 confidentiality agreements/offering memoranda and through the team's managed-bid offer process, 19 offers were generated to purchase the property.
This key downtown Houston block with tunnel access is re-emerging as a prime retail opportunity, thanks to the Bayou City-based duo of Capital Retail Properties and Identity Architects.
A first mortgage bridge loan in the amount of $35 million provided the financing for the acquisition and renovation of both interior and exterior capital improvements of a multifamily property.