The Houston office of Q10 | Kinghorn, Driver, Hough & Co. (“KDH”), announces that it has secured $7 million in permanent financing for a single tenant office warehouse located west of Highway 290 between W.43rd Street and Tidwell Road. The property’s proximity to 610 Loop and the Sam Houston Tollway provides convenient access to all areas of the Houston MSA.
Working on behalf of their Houston based borrower, KDH secured the permanent loan through Galveston, based American National Insurance Company (ANICO). ANICO provided attractive financing terms including a long term, fixed rate loan with a competitive interest rate. Q10 | Kinghorn, Driver, Hough & Co. Vice President Don Smith comments that, “ANICO had the patience and expertise to work through challenges that were presented during the closing process. The borrower was impressed with ANICO’s level of professionalism and they look forward to working with them on another transaction”. Our firm has worked with ANICO for decades, and we look forward to further strengthening our relationship with them in the future.
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 of $14 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.