Southern Land Co. Inks $165.9M Construction Loan for Upper Kirby Mixed-Use Project
Southern Land Co. has secured $165.9 million in financing for a mixed-use development underway in Houston’s Upper Kirby area. The Houston Business Journal reports that Bank OZK issued the loan to support the construction of the 2811 Kirby development. The project broke ground in…
Southern Land Co. has secured $165.9 million in financing for a mixed-use development underway in Houston’s Upper Kirby area. The Houston Business Journal reports that Bank OZK issued the loan to support the construction of the 2811 Kirby development. The project broke ground in…
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Why it matters
This is a routine construction loan financing for a mixed-use development, representing ordinary commercial real estate lending activity with limited broader market impact or novelty.
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Southern Land Co. Inks $165.9M Construction Loan for Upper Kirby Mixed-Use Project
Southern Land Co. has secured $165.9 million in financing for a mixed-use development underway in Houston’s Upper Kirby area. The Houston Business Journal reports that Bank OZK issued the loan to support the construction of the 2811 Kirby development. The project broke ground in…