Q10 KDH ARRANGES $24M IN REFINANCING FOR 365,308 SF RETAIL PORTFOLIO

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HOUSTON — Q10 | Kinghorn, Driver, Hough & Co. (KDH) has secured nearly $24 million in refinancing for a five-property, 365,308-square-foot retail portfolio located in Houston and Cincinnati. The Texas properties included are Nottingham Plaza, Town & Country Center and Baybrook Center. The loan includes a term of 10 years and a fixed rate below 3 percent. ING Investment Management is the lender, and Matt Franke and Ray Driver of KDH negotiated the terms. Smithco Development sponsored the borrower.

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