EBSC Lending Closes a $26.56 Million Bridge Loan to Refinance a Mid-rise, Loft-style Multifamily Property in Houston, Texas

Houston, Texas - October 23, 2025.  EBSC Lending, a leading real estate lender specializing in middle-market projects, is pleased to announce the closing of a $26.56 million bridge loan to refinance a mid-rise, loft-style multifamily property in Houston, Texas. The financing was originated by David Palmer, VP of Special Assets at EBSC Lending.

Originally built in the 1980s and repurposed as a warehouse and distribution center during the 1990s, the 60-unit property was acquired in 2019 and transformed into a modern loft-style residential community. The building now offers amenities such as a fitness center, storage facilities, dedicated parking, and landscaped outdoor areas. Notably, 20 units—18% of the total—are reserved for affordable housing.

“We are proud to provide flexible, non-recourse bridge-to-agency lease-up financing that allows our client to manage the loan seamlessly throughout the lease-up period and transition smoothly into stabilized Agency execution with minimal friction costs,” said David Palmer.

“This transaction not only supports our investment goals but also helps address the critical demand for affordable housing in Houston. Partnering with EBSC Lending made the process efficient and collaborative,” added Brandon Cooke, the project sponsor.

EBSC Lending is a real estate lending business that provides customized financing solutions for a wide range of property types across primary and secondary U.S. and Canadian metropolitan markets. With a history of navigating diverse market cycles, EBSC Lending has invested over $2 billion in balance sheet capital since its inception. The firm specializes in a broad array of financing options, including Bridge Loans, Construction Loans, Cannabis Financing, Commercial Bridge Loans, C-Pace, Fix & Flip Loans, Hard Money, Lines of Credit, Mezzanine Financing, Multifamily Bridge Loans, Rental Loans, and Self-Storage Facilities. EBSC Lending’s fully dedicated teams in origination, underwriting, closing, and servicing ensure efficient and timely execution to meet client needs.

Media Contact.

Martin Alex.
EBSC Lending.
(949) 229 6155.
info@EBSC-llc.com
www.ebsc-llc.com