HFF Closes Financing for Pearland Parkway II in Houston
By
Tony Seruga
Stream Realty Partners received financing from HFF for the development of Pearland Parkway II.
Pearland Parkway II
Houston—HFF recently arranged financing for the second phase of a
retail power center in the Houston suburb of Pearland, Texas. Pearland Parkway II is a 108,343-square-foot structure to be built in addition to the existing 165,922-square-foot property.
HFF worked on behalf of the borrower, Stream Realty Partners, to place the construction loan with Amegy Bank. Additionally, the company arranged mezzanine financing with a major life insurance company…
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