HFF Arranges $66M Construction Loan for Mixed-Use Project in Houston
HOUSTON — HFF has arranged a $66 million construction loan for Phase I of Buffalo Heights, a mixed-use development that will be located at 3663 Washington St. in Houston. Phase I will be anchored by a 90,000-square-foot H-E-B. The project will ultimately deliver 2,200 square feet of inline retail, 36,800 square feet of office space and a 232-unit luxury apartment building. Completion is slated for 2019. Colby Mueck and Matthew Putterman of HFF arranged the loan on behalf of the owner, BKR Memorial II LP, and developer, Midway. New York-based U.S. Trust, Bank of America Private Wealth Management provided the funds.