Sade Real Estate has secured $128.5 million for the acquisition financing of The Arno, a 168-unit luxury residential community located in Houston’s River Oaks neighborhood.
Walker & Dunlop Capital Markets Institutional Advisory arranged the transaction on behalf of Sade Real Estate and secured the financing with capital provided by global alternative asset manager Hudson Bay Capital.
“The combination of River Oaks’ long-term fundamentals, Houston’s continued population growth, and highly selective development activity continues to reinforce the neighborhood’s exclusivity and long-term value,” said Yoni Sade, chairman and CEO at Sade Real Estate.
The Arno offers walkable access to River Oaks Shopping Center, Highland Village and Central Market, along with connectivity to Uptown, downtown Houston and the Texas Medical Center.
“As we continue to pursue differentiated investments across compelling asset classes and submarkets, The Arno stand
