Colliers International Secures $12 Million Financing for 276-Bed Community Near Penn State

by Katie Sloan

State College, Pa. — Colliers International has secured $12 million in financing for the acquisition and completion of Blue Course Commons, a 276-bed student housing community located near Pennsylvania State University in State College.

The property is located adjacent to an 87-acre park less than one mile from campus. John Banas and Kris Wood of Colliers secured the three-year, fixed-rate loan on behalf of the undisclosed borrower. 

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