CLOSED | JOINT VENTURE EQUITY & CONSTRUCTION DEBT FOR MULTIFAMILY DEVELOPMENT IN HOUSTON, TEXAS
January 6, 2019
THE CAMPBELL TEAM has announced the closing of a Joint Venture Equity and Construction Debt raise for Lakeview Oaks, a $42 million, 330-unit Class A multifamily development in Houston, Texas. Carlton Partner Michael Campbell handled the transaction and led the capital raise along with Steve Fenster and Steve Weiss who advised on the transaction on behalf of one of Houston’s top, award winning multifamily developers.
The site will include top of the line amenities including a central lake with walking trail, resort style pool, attached garages, state of the art clubhouse, custom home finishes, and yards for first floor units. The property benefits from a premier location within one of Houston prestigious submarkets on the I-45 North Corridor in close proximity to Houston’s major transportation arteries and is very proximate to the new 385-acre Exxon Corporate Campus.
Carlton’s financing prowess extends to all parts of the U.S. and for all asset classes. We encourage you to contact us to discuss how our domestic and international equity and debt relationships and the cutting edge structuring techniques we employ can provide you with the best possible capital stack.
Michael Campbell – Partner
THE CAMPBELL TEAM