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Oct 28, 2025 4:20 AM

Southern Realty Trust Commits $15.0 Million to a $45.0 Million Senior Bridge Loan for the Refinancing of a Premier Retail Property in Houston, TX

WEST PALM BEACH, Fla., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. ("SRT" or the "Company"), a lender on the Tannenbaum Capital Group ("TCG") Real Estate platform, today announced that it has committed $15.0 million to a $45.0 million senior bridge loan originated by TCG Real Estate for the refinancing of a 7-story Class-A retail property in the Galleria sector of Houston, Texas (the "Project"). An affiliate lender on the TCG Real Estate platform committed the remaining $30.0 million. The Project is a joint venture between John M. Scott III, an experienced leader and industry veteran in hospitality and leisure real estate, and WoodHouse, a luxury hospitality developer founded by Brady Wood.

Located at the intersection of two of Houston's most desirable areas, Galleria and River Oaks, the Project is 100% fully-leased to an impressive mix of complementary, high-end lifestyle establishments: Park House Houston, a private social club offering extensive cultural programming, dining, socializing and working spaces; Ciel Restaurant, an upscale restaurant and lounge serving Japanese-French cuisine with live music and entertainment; and Fountain Life Longevity Center, a leading-edge healthcare facility co-founded by Tony Robbins that ...