Ann Arbor, Mich. — KeyBank Real Estate Capital has arranged $27.7 million in acquisition financing for 411 Lofts, a 97-unit community located near the University of Michigan campus in Ann Arbor.
Fayetteville, Ark. — KeyBank Real Estate Capital has secured a $29.5 million loan for Sterling District, a 198-unit student housing community in Fayetteville, less than a half mile from the University of Arkansas campus.
Cleveland — KeyBank Real Estate Capital has secured $66 million in debt financing on behalf of Pierce Education Properties for a five-property student housing apartment portfolio.
Atlanta — The fully furnished community features two- and four-bedroom units, each equipped with modern appliances and private washers and dryers.
Cleveland — Multiple uses and multiple sources of capital define this urban project.
The lender acquired the first mortgage to Bayside Village in Portland for $9.2 million.
North 38 is an 816-bed property.
The portfolio is located throughout the Southeast and is owned by Kayne Anderson.