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Lakes of 610 Lakes of 610 is a 276-unit multifamily community in southwest Houston.

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HOUSTON—In a rare value-add opportunity situated across Houston’s Inner Loop, Berkadia arranged the sale and financing of Lakes of 610, a 276-unit multifamily community in southwest Houston. Director Jennifer Ray and senior managing director Ryan Epstein of Berkadia’s Houston office represented the seller, Starwood Capital Group, in the transaction.

Managing director Andy Hill of Berkadia’s Austin office secured a $19.7 million loan on behalf of Western Wealth Capital. Berkadia arranged and Freddie Mac purchased the loan.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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