JLL Secures Acquisition Financing for K14 Campus Flats Near the University of Oregon

by Katie Sloan

Eugene, Ore.  — JLL has secured acquisition financing for K14 Campus Flats, a student housing community located across the street from the University of Oregon campus in Eugene. Patricia Heminger, Dan Kearns, Stephen VanLeer, Rebecca Brielmaier, Sam Tarter and Merrick Evans of JLL worked on behalf of the borrower, Waterway Family Funds, to place the 10-year acquisition financing with Freddie Mac. The loan will be serviced by JLL Real Estate Capital. Located at 1414 Kincaid St., K14 Campus Flats offers 45 units in two-, three- and four-bedroom configurations. The property was fully leased at the time of sale. Shared amenities include a community courtyard, lounge, grilling station and on-site bicycle storage. The seller in the transaction was not disclosed.

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