Capstone Development Partners And Boaz Ventures Secure $60M Loan For Senior Housing In Huntsville, AL

Capstone Development Partners and Boaz Ventures have secured financing for a $60 million purpose-built student housing community, known as Nexus on Holmes. The property is located near the University of Alabama Huntsville campus at 4315 Holmes Avenue Northwest in Huntsville, AL. This senior housing asset will provide modern and comfortable living spaces for students.

Summary of transaction details

• Property Type: Senior Housing
• Transaction Amount: $60,000,000
• Landlord: Jeff Jones - Capstone Development Partners & Boaz Ventures

The individuals representing Jeff Jones from Capstone Development Partners and Boaz Ventures played a vital role in securing the financing for Nexus on Holmes. Their expertise and collaboration ensured the successful completion of the $60 million loan for this purpose-built student housing community. The investment will create a valuable and convenient housing option for students attending the University of Alabama Huntsville.