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Texas’s reluctance to embrace home equity loans is well-known; it was not until 1997 that Texas voted, through a ballot initiative, to amend the Texas Constitution to allow such loans. But, when.
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Also, the properties are located in highly desirable markets in Texas, an income-tax free state that has experienced. The.
In addition to the previously announced $90 million loan to refinance the Renaissance Plano hotel in Plano, TX, the largest of the recent originations include: $66 million to sponsor Keystone Property.
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In parts of Texas, the luxury real-estate market is hotter than a billy goat in a pepper patch. Median home prices appreciated as much as around 10% from late 2013 to late 2014 in the state’s top.