Walker & Dunlop Arranges $128.5 Million Financing for The Arno in Houston’s River Oaks
Walker & Dunlop, Inc. announced today that it has arranged $128.5 million for the acquisition financing of The Arno, a 168-unit luxury residential community located in Houston’s RiverOaks neighborhood.
Walker & Dunlop Capital Markets Institutional Advisory arranged the transaction on behalf of Sade Real Estate. Sean Reimer, Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, and Sean Bastian secured the financing with capital provided by global alternative asset manager Hudson Bay Capital.
“River Oaks remains one of the most supply-constrained luxury residential markets due to long-term household wealth, limited land availability, and sustained demand for high-end residential product,” said Reimer, senior managing director of Capital Markets Institutional Advisory at Walker & Dunlop. “The property’s scale, luxury positioning, and highly curated amenity package align with the evolving preferences of affluent buyers seeking privacy, convenience, and a hospitality-driven residential experience within one of Houston’s most established neighborhoods.”
“The combination of River Oaks’ long-term fundamentals, Houston’s continued population growth, and highly selective development activity continues to reinforce the neighborhood’s exclusivity and long-term value,” said Yoni Sade, chairman and CEO at Sade Real Estate. “Walker & Dunlop and Hudson Bay Capital understood both the vision and unique positioning of the asset, helping us secure a financing structure that supports the development.”
