financing

Chicago — Berkadia has arranged the sale of Tailor Lofts, a 441-bed student housing community located near the University of Illinois at Chicago and Rush University. The property offers studio, two- and four-bedroom, fully furnished units. Shared amenities include a 24-hour fitness center, doorman, computer center, clubhouse, conference room, game room, tanning dome, laundry center and a study lounge. Kevin Larimer and Greg Gonzalez of Berkadia completed the sale on behalf of Blue Vista Capital Management. Ed Kim and Jie Lee of Berkadia also arranged acquisition financing on behalf of …

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Miami  — University Bridge GP — a partnership between Global City Development, RER Ventures and Podium Developments — has closed on a $231 million bond issuance for University Bridge Residences, an 886-unit student housing community currently under construction near Florida International University in Miami.

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