Nine-Central

TSB Capital Advisors Secures Acquisition Financing for Nine at Central in Orlando, Florida

by Katie Sloan

Orlando, Fla. — TSB Capital Advisors has secured acquisition financing for Nine at Central, a 764-bed student housing community located near the University of Central Florida campus in Orlando. QuadReal provided financing to the borrower, L3 Campus, for the acquisition. Delivered in 2023, the community offers a mix of one-, two-, four-, five- and six-bedroom units with bed-to-bath parity. Each unit features a 55-inch smart television, private balcony, energy-efficient stainless-steel appliances and Bluetooth integrated washers and dryers. Shared amenities include a swimming pool, hammock garden, outdoor barbecues, a wet bar, poolside cabanas, game-day jumbotron, putting green, fitness center, yoga studio, study pods on each floor and a full arcade room. Travis Prince, Shawn Lubic and Victoria Marks-Vagnier of Cushman & Wakefield’s Student Housing Capital Markets team represented the seller, a partnership between 908 Group and Scannell Properties, in the transaction.

You may also like