UC Funds Provides $13 Million Construction Loan for Student Housing Project in Berkeley

by Katie Sloan

Berkeley, Calif. — UC Funds has provided a $13 million construction loan for a student housing development in Berkeley. The undisclosed borrower plans to develop a 40-unit student housing project on the site, which is located on University Avenue adjacent to the University of California – Berkeley. Further information on the project and financing was undisclosed.

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