Affordable housing loan.The iCap Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Advisors has closed more than $10 million in construction and permanent financing Permanent financing Long-term financing using either debt or equity. permanent financing The long-term financing that supports a long-term asset. for Waterside Court, an affordable-housing community in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , featuring 118 four-bedroom, two-bath rental homes. The 24.6-acre property will be jointly developed by Hettig/Kahn Development Corp. and the Harris County Harris County is the name of several counties in the United States:
The Harris County Housing Authority, which will act as the general partner in the development, will also provide $1.9 million in funding. The Houston Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry; office secured all of the construction and permanent financing from within its own portfolio. Don Hickey of The Woodlands office and Brian Stoker of Amegy Bank (an affiliate of iCap Texas) coordinated the structuring of this affordable housing loan product. Construction of Waterside Court is expected to begin this year. |
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