Grandbridge Secures $16 Million Financing for Redevelopment Near Michigan State

by Katie Sloan

East Lansing, Mich. — Grandbridge Real Estate Capital has secured $16 million in financing for the redevelopment of Quarters at East Lansing, a 213-unit student housing community located near the Michigan State University campus in East Lansing.

Brett Olson and Dick Riley of Grandbridge secured the 30-month, interest-only construction loan on behalf of the borrower through an undisclosed bank. 

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