News

Permanent Acquisition Financing for Retail Center

Q10 KDH Vice President Ryan Watson provided permanent acquisition financing with our correspondent Securian Financial Group formerly Advantus/Minnesota Life for a retail space located in Houston, TX. The transaction closed with a 10/25 term and a 4.75% interest rate. The property has been a long-standing fixture in the community which the Sponsor recognized. Many of the tenants have been in place for over 20 years offering stability in the current retail market.