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Access here alternative investment news about Student Housing Portfolio Lands $92M Loan
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Student Housing Portfolio Lands $92M Loan

by multihousingnews.com posted 4months ago 23 views
Aspen Heights and Safanad received the financing for three properties totaling 1,653 beds in Iowa, Texas and South Carolina. : Aspen Heights and Safanad have secured $92 million in financing for a three-property student housing portfolio with 1,653 beds in Iowa, Texas and South Carolina. HFF worked on behalf of the partners to arrange the three-year, floating-rate loan through a large institutional lender, and loan proceeds were used to refinance existing construction financing. Doug Opalka, Casey Wenzel and Michael Johnson led the HFF debt placement team.

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