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Houston, TX / May 3, 2013 – The Houston office of Q10 Kinghorn, Driver, Hough & Co. (KDH),The Q10 KDH team of Larry Peters and Ben Johnson, were able to secure attractively priced long term debt for their client who was refinancing an acquisition and rehab loan. “The sponsor was able to return their partners equity and capture profits for themselves with the refinance”, states Peters, and goes on to comment that “Even with the short term of ownership, lenders are now more willing to find ways to compete and win business. The ability to pull cash out was a determining factor in the borrower’s choice of debt and we expect that the competition will continue to increase as lenders jockey to reach their allocations for the year.”
Q10 Kinghorn, Driver, Hough & Co., is a Texas-based full service commercial mortgage banking company that arranges financing for developers and owners of commercial real estate ranging from institutional investors to individuals with one property. KDH is also a founding member of Q10 Capital, LLC which is the first national mortgage banking firm to be owned by leading independent mortgage bankers across America with a servicing portfolio in excess of $11.6 billion.Through ownership in Q10 Capital, KDH benefits from a national infrastructure enabling immediate access to real time financing data from across the country. KDH’s Q10 Capital affiliation provides the ability to better serve national investors with a single point of contact for financing assignments across the country.
 All of us at Q10 Kinghorn, Driver, Hough & Co. extend our thoughts and prayers to everyone affected by the tragic events at the Boston Marathon. We would also like to express our gratitude to all the civilians and public servants who acted heroically in the moment, and who continue to work to bring closure to this tragedy.
Q10 Kinghorn, Driver, Hough & Co. is pleased to provide you with the MBA Q4 2012 MBA Commercial Real Estate/Multifamily Finance Quarterly Data Book.
Houston, TX / March 6, 2013 – The Houston office of Q10 Kinghorn, Driver, Hough & Co. (KDH), announces that it has secured refinancing for a Class B, multi-family housing complex in Houston, Texas. The community consists of 88 units and 100% leased.
KDH Vice President Larry Peters, was able to lock in an impressive rate with a correspondent insurance company. “With a stable operating history, the property garnered a significant amount of interest from numerous debt sources. Historical low interest rates ultimately encouraged our repeat borrower to choose a fully amortizing loan. The borrower was so pleased with the outcome he is having KDH look at other multifamily assets in his portfolio for additional refinancing opportunities.” – Larry Peters
Q10 Kinghorn, Driver, Hough & Co., is a Texas-based full service commercial mortgage banking company that arranges financing for developers and owners of commercial real estate ranging from institutional investors to individuals with one property. KDH is also a founding member of Q10 Capital, LLC which is the first national mortgage banking firm to be owned by leading independent mortgage bankers across America with a servicing portfolio in excess of $14billion.Through ownership in Q10 Capital, KDH benefits from a national infrastructure enabling immediate access to real time financing data from across the country. KDH’s Q10 Capital affiliation provides the ability to better serve national investors with a single point of contact for financing assignments across the country.
| Houston Office |
Houston Office |
| Larry Peters |
Michelle McCreery |
| Vice President |
Marketing Manager |
1300 Post Oak Blvd.,
Suite 1200
Houston, TX 7056
|
1300 Post Oak Blvd.,
Suite 1200
Houston, TX 77056
|
| Direct: 2713-871-5812 |
Direct: 713-871-5819 |
| peters@q10kdhco.com |
mccreery@q10kdhco.com |
In February 2013, at MBA’s CREF Convention, we released four reports covering commercial/multifamily real estate finance markets.
MBA Releases 2012 Year-End Commercial/Multifamily Servicer Rankings
“At the top of the list of firms is Wells Fargo with $429.1 billion in U.S. master and primary servicing, followed by PNC Real Estate/Midland Loan Services with $337.6 billion, Berkadia Commercial Mortgage LLC with $197.3 billion, Bank of America Merrill Lynch with $112.5 billion and KeyBank Real Estate Capital with $101.2 billion.”
- MBA’s Year-End 2012 Commercial/Multifamily Servicer Rankings
Previous Reports:
Commercial/Multifamily Maturities to Drop 21 Percent in 2013; Originations Forecast to Rise 11 Percent
Commercial/Multifamily Maturities to Drop 21 Percent in 2013; Originations Forecast to Rise 11 Percent
Commercial/Multifamily Maturities to Drop 21 Percent in 2013; Originations Forecast to Rise 11 Percent
The reports are part of MBA’s ongoing research and analysis of commercial/multifamily real estate finance markets, and we hope you find them to be of value. For more information on these and other MBA research reports, presentations and articles, please visit their web site.
In February 2013, at MBA’s CREF Convention, we released four reports covering commercial/multifamily real estate finance markets.
MBA Forecasts $254 Billion of Commercial/Multifamily Mortgage Originations in 2013,
Up 11 Percent from 2012
“MBA projects originations of commercial and multifamily mortgages will grow to $254 billion in 2013, an increase of 11 percent from 2012 volumes, and continue to rise to $289 billion in 2015. Originations of multifamily mortgages are forecast at $100 billion in 2013.”
- MBA’s Second Annual Commercial/Multifamily Real Estate Finance Forecast
The reports are part of MBA’s ongoing research and analysis of commercial/multifamily real estate finance markets, and we hope you find them to be of value. For more information on these and other MBA research reports, presentations and articles, please visit their web site.
In February 2013, at MBA’s CREF Convention, we released four reports covering commercial/multifamily real estate finance markets.
Commercial/Multifamily Mortgage Originations Up 49 Percent in Q4, Up 24 Percent for Year
“Commercial and multifamily mortgage originations increased 49 percent between the third and fourth quarters of 2012, and were also up 49 percent compared to the fourth quarter of 2011… Originations for the full year 2012 were 24 percent higher than in 2011.”
- MBA’s Q4 Commercial/Multifamily Mortgage Bankers Originations Index
Please watch for the second report within a few days here on our site.
The reports are part of MBA’s ongoing research and analysis of commercial/multifamily real estate finance markets, and we hope you find them to be of value. For more information on these and other MBA research reports, presentations and articles, please visit their web site.
KDH Vice President Larry Peters, was able to lock in an impressive rate with a
“With a stable operating history, the property garnered a significant amount of interest from numerous debt sources. Historical low interest rates ultimately encouraged our repeat borrower to choose a fully amortizing loan. The borrower was so pleased with the outcome he is having KDH look at other multifamily assets in his portfolio for additional refinancing opportunities.”correspondent insurance company.
– Larry Peters
In February 2013, at MBA’s CREF Convention, we released four reports covering commercial/multifamily real estate finance markets.
21 Percent Drop in Volume of Commercial and Multifamily Mortgages Maturing this Year
“$119.5 billion, eight percent of the outstanding balance, of commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2013, a 21-percent decline from the $150.6 billion that matured in 2012.”
- MBA’s Year-end 2012 Commercial/Multifamily Loan Maturity Volumes Report
Please watch for the third report within a few days here on our site.
The reports are part of MBA’s ongoing research and analysis of commercial/multifamily real estate finance markets, and we hope you find them to be of value. For more information on these and other MBA research reports, presentations and articles, please visit their web site.
Houston, TX / February 27, 2013 – The Houston office of Q10 Kinghorn, Driver, Hough & Co. (KDH), announces that it has secured financing for a Multi-family property in Houston, TX. The property consists of 316 units and is 95% occupied. The apartment community, located just outside the energy corridor, is zoned to the highly sought after Spring Branch Independent School District and was renovated in 2008.
Everyone involved in this loan from the attorneys, the due diligence team and the title company worked together seamlessly in a coordinated effort led by Q10 Kinghorn, Driver, Hough & Co.’s Gary Hough, Ben Johnson, and Rob Ramsey. Team leader Gary Hough noted that “We were able to secure this loan with our proven exclusive correspondent life company lender by improving over agency options by locking an equally competitive rate early at application and not requiring ongoing monthly capital escrow reserves.”
Q10 Kinghorn, Driver, Hough & Co., is a Texas-based full service commercial mortgage banking company that arranges financing for developers and owners of commercial real estate ranging from institutional investors to individuals with one property. KDH is also a founding member of Q10 Capital, LLC which is the first national mortgage banking firm to be owned by leading independent mortgage bankers across America with a servicing portfolio in excess of $11.6 billion. Through ownership in Q10 Capital, KDH benefits from a national infrastructure enabling immediate access to real time financing data from across the country. KDH’s Q10 Capital affiliation provides the ability to better serve national investors with a single point of contact for financing assignments across the country.
| Houston Office |
Houston Office |
| Gary Hough |
Michelle McCreery |
| Principal |
Marketing Manager |
1300 Post Oak Blvd.,
Suite 1200
Houston, TX 77056
|
1300 Post Oak Blvd.,
Suite 1200
Houston, TX 77056
|
| 713-871-5802 |
713-871-5819 |
| hough@q10kdhco.com |
mccreery@q10kdhco.com |
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