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Goldberg Kohn advised LoanCore Capital in connection with a $118 million refinancing loan secured by a Houston multifamily portfolio comprising City Park in the Heights, a 308-unit multifamily community, and Elan Memorial, a 297-unit multifamily property featuring ground-floor retail space. Goldberg Kohn's Real Estate Group Chair Adam Laser and attorney Daniel Aaronson represented LoanCore Capital as the lender in the transaction.
The 36-month loan includes a two 12-month extension options and refinances DLP Real Estate Capital Inc.'s ownership of the two-property portfolio.
"The successful refinancing of the Houston portfolio demonstrates our continued ability to create value through proactive and disciplined debt management," said DLP's founder and CEO Don Wenner in a statement. "Enhancing cash flow, improving return on invested capital and lowering near-term debt service obligations across 605 units in a core Sunbelt market are exactly the type of execution our investors expect from our platform and our in-house debt placement team."
According to the company, City Park in the Heights is part of the Houston Heights submarket, and Elan Memorial has a 17,514-square-foot retail area.
The transaction was featured in the June 30, 2026, edition of Law360.
