Mosaic Investment Partners Fully Capitalizes USC Expo Student Housing With $25M Loan From HC2 Capital

Mosaic Investment Partners has fully capitalized USC Expo, a student housing community near the University of Southern California. The property located at 1069 West Exposition Boulevard in Los Angeles consists of 260 beds, making it an ideal housing option for university students in the area. This transaction involved a construction loan of $25 million provided by HC2 Capital.

Summary of transaction details

• Property Type: Student Housing
• Transaction Amount: $25,000,000
• Beds: 260
• Lender: HC2 Capital
• Landlord: Mosaic Investment Partners
• Brokers: Greg Brown & Zane Sweet - JLL

JLL, represented by brokers Greg Brown and Zane Sweet, facilitated the deal for USC Expo. In addition to the construction loan, JLL also arranged joint venture equity and mezzanine financing for the project. The involvement of these key individuals and companies highlights their role in securing the necessary capital for the development of this student housing community near the University of Southern California.