29th Street closes $4.5M Preferred Equity Investment in a 230-unit, Class A Houston Multifamily Asset, The Milo on Westheimer

7/17/2025

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RENTV

• Subcategory: Capital Markets: Debt, Capital Markets: Equity, MF: Market Rate

• Tag: Investment

• Additional Filters-Subcategory: Capital Markets: Preferred Equity, MF: Garden

• Company: 29th Street Capital

29th Street Finance has made a $4.5 mil preferred equity investment in Milo on Westheimer, a 2015 vintage, 230-unit Class A multifamily property in Houston, TX. This preferred equity investment is subordinate to a Freddie Mac senior loan secured by the sponsor, Brem Group.