KDH SECURES $22.26M ACQUISITION LOAN FOR AUSTIN APTS.

AUSTIN, TEXAS — The Houston office of Q10 Kinghorn, Driver, Hough & Co. (KDH) has arranged $22.26 million in acquisition financing for a 308-unit, Class A multifamily community located in Austin. The property is 99 percent occupied. Ray Driver III, Matt Franke and Ben Johnson of KDH arranged the loan through Great-West Life & Annuity on behalf of the borrower, a Canadian investor.