Natixis CIB grants $46M funding for Houston multifamily acquisition deal.

TDLR:

– Natixis Corporate & Investment Banking has provided $46 million in financing to Venterra Realty for the acquisition of a Houston multifamily property.
– The property, called Cendana District West, consists of four residential buildings with 349 units and was built in 2023.

Natixis Corporate & Investment Banking has provided $46 million in financing to Venterra Realty for the acquisition of Cendana District West, a multifamily property in the Houston suburb of Richmond, Texas. The property, constructed in 2023, consists of four residential buildings and features amenities such as fitness and yoga rooms, movie theaters, and outdoor kitchens. Venterra Realty owns and manages a portfolio of 80 communities valued at more than $4.8 billion. The financing was arranged by Daniel Stickane and Deon Green of Northmarq’s Dallas office.