Project Description

Dallas, Texas, Feb 4, 2019 — Pioneer Realty Capital has closed a $84,000,000 loan to acquire Houseman building which will be redeveloped to construct a dual brand Embassy/Home2 Suites Hotel. The first phase of this project was funded by a private investment fund.

Project Details

Property:  Houseman Building
Location:  Downtown Dallas, Texas
Funded:  $84MM
Loan Type:  Construction Loan – Phase 1