116
Chicago — MB Financial Bank has provided a $40.3 million construction loan to Blue Vista Capital Management for the development of a 218-unit student housing development near the University of South Carolina’s flagship Columbia campus.
Located at the corner of Gervais and Harden Streets in Columbia’s Five Points district, the 660-bed development will be completed in time for the fall 2016 semester.
MB Financial Bank arranged the financing and will act as administrative agent.