TSB Capital Secures Financing for 551-Bed Community Near the University of West Florida

by Katie Sloan

Pensacola, Fla. — TSB Capital Advisors has secured financing for The Next, a 551-bed student housing community located near the University of West Florida in Pensacola.

The floating-rate loan was secured through Trustmark National Bank on behalf of the borrower, a joint venture between Harrison Street Real Estate Capital and University Student Living. The property offers fully furnished two- and four-bedroom units. Community amenities include a resort-style swimming pool, fitness center, clubhouse and on-site parking. 

You may also like