Q10 KDH Arranges $2M Loan for Apartment Complex in Houston Area

by John Nelson

PORTER, TEXAS — Q10 Kinghorn, Driver, Hough & Co. (Q10 KDH) has arranged $2 million in financing for Gilbert House Apartments, a 35,900-square-foot multifamily complex in Porter, a city roughly 25 miles north of Houston. Larry Peters of Q10 KDH arranged the 10-year loan, which has a 30-year amortization schedule. The undisclosed borrower recently upgraded unit interiors at the 33-unit property, which is located at 24595 Gilbert Drive.

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