Santa Barbara, Calif. — CBRE has arranged an $18.5 million loan for The Hive Isla Vista, a five-property student housing portfolio near the campus of University of California, Santa Barbara. Brad Wilmot of CBRE’s Los Angeles office secured the floating-rate loan with a
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Chico, Calif. — CBRE has arranged the sale of Campus Walk, a 174-bed student housing community serving California State University, Chico. NB Private Capital purchased the property from Dallas-based Fountain Residential Partners for an undisclosed price. Jaclyn Fitts, William Vonderfecht,
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Clemson, S.C. — CBRE has arranged the sale of Tiger Towne Village and Tiger Towne Farmhouses, two adjacent student housing communities serving students at Clemson University in South Carolina. The properties offer a total of 513 beds and shared amenities
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Auburn, Ala. — CBRE has arranged the sale of The Connection at Auburn, a 900-bed student housing community located near Auburn University. The property is comprised of 13, three-story buildings offering two-, three- and four-bedroom units. Shared amenities include a
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Lubbock, Texas — CBRE has arranged acquisition financing for Thrive in Lubbock, a 744-bed student housing community located near Texas Tech University. Benjamin Roelke and Ian Walker of CBRE secured the financing on behalf of a joint venture between TEXLA
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Austin, Texas — CBRE has arranged acquisition financing for 21 Pearl, a 272-bed student housing community located a few blocks from the University of Texas at Austin’s West Campus neighborhood. Benjamin Roelke and Ian Walker of CBRE arranged the financing
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Tuscaloosa, Ala. — CBRE has arranged the sale of The Grand at Rum Creek, an 868-bed student housing community located near the University of Alabama in Tuscaloosa. The complex is comprised of 21 four-story apartment buildings. Shared amenities include a
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Chicago — CBRE has arranged $120 million in financing for the acquisition of University Center Chicago, a 1,729-bed student housing property located in Chicago’s South Loop neighborhood.
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Tampa, Fla. — CBRE has secured $35 million in permanent financing for the acquisition of Venue at North Campus, a LEED Gold certified student housing community located adjacent to the University of South Florida in Tampa.
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Fort Worth and Waco, Texas — CBRE has secured $38 million in permanent financing for the recapitalization of two student housing properties totaling 558 beds in Fort Worth and Waco.
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