Hanover JV Lands $176M Refi for Houston Communities

Hanover Co., in partnership with Lionstone Investments, has received a total of $176 million in refinancing for two luxury communities in Houston, according to Yardi Matrix information.

In a deal arranged by JLL Capital Markets, KKR provided the five-year, fixed-rate separate loans for both properties.

Completed in 2022, Hanover Autry Park and Hanover Parkview were previously subject to a total of $174.8 million in construction financing in 2019, originated by Citizens Financial Group, the same data provider shows.

Hanover Company
James Melody | Development Partner-Texas

Additional Filters

Subcategory
Tags