HALL Structured Finance Originates $36.21 Million Loan for Construction of Humble Ranch Outside Houston, TX

Dallas-based HALL Structured Finance (HSF) announced today the closing of a $36.21 million first lien construction loan to finance the development of Humble Ranch, a 160-unit, cottage-style build-to-rent community in Atascocita, Texas, located five miles from the city of Humble. The borrower is Lēva Living, a Houston, Texas-based residential development firm focused on high-quality, community-oriented housing.

Humble Ranch will offer a mix of one-bedroom duplexes and two- and three-bedroom detached homes, all featuring 9-foot ceilings, quartz countertops, stainless steel appliances, and private fenced yards with patios. Community amenities will include a clubhouse, business center, resort-style pool, and a state-of-the-art fitness center. The community is directly adjacent, and connected via a walking path, to Atascocita Park, a 21-acre public green space with a dog park, playground, boardwalk, and pond.

Located just 25 miles from downtown Houston, Humble Ranch will benefit from surging population growth in the Greater Houston area, which continues to experience a significant housing supply shortage. The area is especially popular with families due to newly developed elementary, middle, and high schools in the neighborhood.

“Humble Ranch will fill a major need for high-quality rental housing in North Houston,” said Brad Ferguson, Vice President of HALL Structured Finance and the loan originator. “We believe the strong local demand, combined with the quality of the product, sets this development apart in the market, and we look forward to seeing its successful delivery.”

Lēva Living brings deep regional expertise, specializing in single-family rental communities across the region. “At Lēva Living, our mission is to create thoughtfully designed communities where residents feel truly at home,” said Jennifer Orr, President and Co-Founder. “Humble Ranch embodies that vision by delivering well-crafted homes with private outdoor spaces and premium amenities, all within a village-like community. The HALL’s meticulous attention to detail and unwavering commitment to excellence ensured that no stone was left unturned.”

Construction on Humble Ranch will begin this month and is expected to complete in Q3 2026.