XSpace Group Secures $29 Million Loan to Advance Flagship Houston Development

Financing marks major step forward in expanding XSpace’s innovative commercial condominium model across Texas

HOUSTON, MAR 25, 2026 — XSpace Group (“XSpace” or “the Company”) today announced the successful closing of a $29 million loan to fund development of its newest project in Houston, representing a significant milestone in the Company’s continued growth and national expansion strategy.

The financing enables XSpace to accelerate construction and delivery of its Houston location, further establishing the Company’s unique multi‑use commercial condominium model in one of the fastest‑growing entrepreneurial markets in the country. The construction loan was arranged by Institutional Property Advisors (“IPA”), Adam Mengacci, Matt Polci and Sunny Sajnani.

“This financing reflects strong confidence in XSpace, our Houston vision, and the broader demand for flexible, community‑driven commercial space,” said Byron Smith, founder of XSpace Group. “With this loan secured, we’re moving full speed ahead on bringing our next‑generation project to life and strengthening our footprint across Texas.

The Houston development builds on a period of rapid momentum for XSpace, following recent strategic investments from KDW, Pyek Financial and an advisory group led by Welcome Wilson Jnr. The new funding underscores ongoing interest in XSpace’s model, which blends premium industrial‑grade infrastructure with flexible, ownership‑based space solutions for entrepreneurs, creators, investors, and professionals.

XSpace’s Houston project will deliver a modern, amenity‑rich environment designed for a wide range of uses. From business operations and creative production to storage, investment ownership, and personal pursuits, the facility will join XSpace’s growing portfolio of developments and serve as a flagship for further expansion across the U.S.

About XSpace

XSpace is transforming commercial real estate through multi‑use industrial condominiums that provide flexibility, accessibility, and community for modern professionals and entrepreneurs. Whether rightsizing, building a business, growing investments, or pursuing a passion, XSpace offers spaces designed for dynamic and diverse use.

What began with XSpace’s first Austin location—a community of high‑caliber professionals—has grown into a national success story. XSpace delivers ease of access, flexible usage, and a thriving network of like‑minded individuals—freedom expressed on your terms.


Media Contacts: Emily Whalen media@xspacegroup.com