Tucson, Ariz. — TSB Capital Advisors has secured construction financing for a 532-bed development near the University of Arizona campus in Tucson. The project, which is being developed by Capstone Collegiate Communities, will offer units in studio, one-, two-, three-, four-, five- and six-bedroom configurations. Shared amenities are set to include a resort-style pool, sun deck, coffee bar, courtyard, multimedia room, hammock lounge, state-of-the-art fitness center, cold plunge, sauna, clubhouse, grilling stations, tanning rooms, green spaces, private and group study lounges and an outdoor kitchen and dining area. The community is scheduled for completion in fall 2027. Financing for the project was provided by an undisclosed Fortune 100 insurance company.
The 532-bed development will be located in Tucson’s Main Gate Square submarket near the University of Arizona campus.
TSB Capital Advisors Secures Construction Financing for 532-Bed Development Near University of Arizona
79