DEUTSCHE BANK PROVIDES $31.4M FOR DOMAIN AT KIRBY

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HOUSTON — Deutsche Bank Berkshire Mortgage (DBBM) has provided a $31.4 million Fannie Mae loan for the acquisition of Domain at Kirby, a 293-unit Class A multifamily community in Houston. Located at 1333 Old Spanish Tr., Domain at Kirby was built in 2009 and achieved more than 90 percent occupancy within 18 months. Amenities include 10-foot ceilings, stainless appliances, tiled backsplash, granite countertops, walk-in closets and a gated community entry. Principal Real Estate Investors purchased the property through a presale obligation with the developer.

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