{"id":300632,"date":"2026-05-20T01:40:11","date_gmt":"2026-05-20T01:40:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/300632\/"},"modified":"2026-05-20T01:40:11","modified_gmt":"2026-05-20T01:40:11","slug":"river-oaks-luxury-multifamily-project-lands-128-5m-financing","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/300632\/","title":{"rendered":"River Oaks Luxury Multifamily Project Lands $128.5M Financing"},"content":{"rendered":"<p dir=\"ltr\">Sade Real Estate has locked down $128.5M in acquisition and development financing for The Arno, a luxury multifamily project it is planning\u00a0in Houston\u2019s <a class=\"tag tag-42862\" href=\"https:\/\/www.bisnow.com\/tags\/river-oaks\" target=\"_blank\" data-tag-id=\"42862\" rel=\"nofollow noopener\">River Oaks<\/a> neighborhood.<\/p>\n<p dir=\"ltr\">Walker &amp; Dunlop announced Monday that it arranged financing from\u00a0global alternative asset manager Hudson Bay Capital for the 168-unit project, which is planned at 2929 Weslayan St., within walking distance of <a class=\"tag tag-110861\" href=\"https:\/\/www.bisnow.com\/tags\/river-oaks-shopping-center\" target=\"_blank\" data-tag-id=\"110861\" rel=\"nofollow noopener\">River Oaks Shopping Center<\/a>.<\/p>\n<p>                        <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2025\/10\/placeholder.png\" loading=\"lazy\" alt=\"Placeholder\"\/><\/p>\n<p dir=\"ltr\">Development is expected to begin sometime this year, according to the <a href=\"https:\/\/commercialobserver.com\/2026\/05\/hudson-bay-capital-luxury-apartments-houston\/\" target=\"_blank\" rel=\"nofollow noopener\">Commercial Observer<\/a>.<\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.bisnow.com\/tags\/walker-&amp;-dunlop\" target=\"_blank\" rel=\"nofollow noopener\">Walker &amp; Dunlop<\/a>\u00a0Capital Markets\u2019 institutional advisory team \u2014 including Sean Reimer, Aaron Appel, Jonathan Shwartz, Keith Kurland, Adam Schwartz, Dustin Stolly and Sean Bastian \u2014\u00a0arranged the financing.<\/p>\n<p dir=\"ltr\">\u201cThe property\u2019s 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\u2019s most established neighborhoods,\u201d Reimer said\u00a0<a href=\"https:\/\/www.businesswire.com\/news\/home\/20260518550680\/en\/Walker-Dunlop-Arranges-%24128.5-Million-Financing-for-The-Arno-in-Houstons-River-Oaks\" target=\"_blank\" rel=\"nofollow noopener\">in a release<\/a>.\u00a0<\/p>\n<p dir=\"ltr\">In addition to River Oaks Shopping Center, The Arno will be within walking distance of <a class=\"tag tag-42100\" href=\"https:\/\/www.bisnow.com\/tags\/central-market\" target=\"_blank\" data-tag-id=\"42100\" rel=\"nofollow noopener\">Central Market<\/a> and <a class=\"tag tag-41697\" href=\"https:\/\/www.bisnow.com\/tags\/highland-village\" target=\"_blank\" data-tag-id=\"41697\" rel=\"nofollow noopener\">Highland Village<\/a>.<\/p>\n<p dir=\"ltr\">River Oaks, <a href=\"https:\/\/www.houstontx.gov\/superneighborhoods\/23.html\" target=\"_blank\" rel=\"nofollow noopener\">Houston\u2019s first master-planned community<\/a>, is the most expensive residential neighborhood in Houston. Directly adjacent to <a class=\"tag tag-29715\" href=\"https:\/\/www.bisnow.com\/tags\/the-galleria\" target=\"_blank\" data-tag-id=\"29715\" rel=\"nofollow noopener\">The Galleria<\/a>, it is defined by luxury living, retail and restaurants.\u00a0<\/p>\n<p dir=\"ltr\">\u201cThe combination of River Oaks\u2019 long-term fundamentals, Houston\u2019s continued population growth, and highly selective development activity continues to reinforce the neighborhood\u2019s exclusivity and long-term value,\u201d Yoni Sade, chairman and CEO of Sade Real Estate Services,\u00a0said in the release.\u00a0<\/p>\n<p dir=\"ltr\">Other residential developers are also taking note. The Everlight Group\u00a0announced <a href=\"https:\/\/www.bisnow.com\/houston\/news\/deal-sheet\/wellness-focused-luxury-condo-tower-coming-to-river-oaks-the-houston-deal-sheet-133435\" target=\"_blank\" rel=\"nofollow noopener\">plans in February to develop<\/a> a River Oaks wellness-focused 11-story luxury condo tower called Ace &amp; Ivy, which is expected to break ground next year.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Sade Real Estate has locked down $128.5M in acquisition and development financing for The Arno, a luxury multifamily&hellip;\n","protected":false},"author":2,"featured_media":300633,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[73482,56,58,57,109226,9704,109225,17075,109224,109228,109227,41051,109229],"class_list":["post-300632","post","type-post","status-publish","format-standard","has-post-thumbnail","category-houston","tag-everlight-group","tag-houston","tag-houston-headlines","tag-houston-news","tag-hudson-bay-capital-management","tag-luxury-apartments","tag-luxury-multifamily","tag-river-oaks","tag-river-oaks-shopping-center","tag-sade-real-estate","tag-the-arno","tag-walker-dunlop","tag-yoni-sade"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/300632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=300632"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/300632\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/300633"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=300632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=300632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=300632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}