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Bond offering backs Starwood’s Texas master-planned housing purchase

Third Coast Bank, EJF Capital finance $800 million deal
Starwood Capital Group's acquisition included the Creekhaven planned housing development in greater Houston. (CoStar)
Starwood Capital Group's acquisition included the Creekhaven planned housing development in greater Houston. (CoStar)
CoStar News
April 10, 2025 | 9:16 P.M.

Houston-based Third Coast Bank has completed its first commercial mortgage-backed securitization, a $200 million loan it originated for Starwood Capital Group's acquisition of 11 master-planned housing developments.

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