HOUSTON—Transwestern has arranged the construction financing for the Arabella, a luxury condominium tower to be developed on the southeast corner of San Felipe Road and Westcreek Lane in the Galleria submarket.

The 33-story property, which will have a total of 99 residences, is scheduled for completion in the fall of 2017. Transwestern managing directors Jan Sparks and Michael Snodgrass arranged the financing on behalf of developer Randall Davis of D.C. Partners.

“Arabella's complex financing structure made the deal intriguing and exciting to be a part of,” Sparks told GlobeSt.com. “We were pleased to work with Randall Davis once again, and we know Arabella will be a premier product in Houston.”

Located adjacent to the River Oaks District and three blocks from The Galleria, Arabella is estimated to break ground this month. The high-rise will have penthouses with private swimming pools on the upper floors and a variety of floor plans, most with private elevator entries.

The project's architect of record is Powers Brown Architecture and the general contractor is GT LEACH.