L3 Campus Secures $83M Acquisition Loan For Nine At Central Student Housing

The property involved in the transaction is a senior housing asset located at 12155 Science Drive in Orlando. The asset consists of 201 units with a total of 764 beds spread across 3 acres. L3 Campus, owned by David Salmanson, is the landlord of this senior housing property.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $83,000,000
• Units: 201
• Beds: 764
• Acres: 3
• Address: 12155 Science Drive
• Market: Orlando

TSB Capital Advisors played a crucial role in arranging an $83 million acquisition loan from quadreal-property-group-62d90bb3-dcc5-49c5-aa27-aea336266e36-duplicate''>QuadReal Property Group for the purchase of the Nine at Central property by L3 Campus near the University of Central Florida. The student housing community, completed in 2023, offers various amenities such as a swimming pool, fitness center, and study pods. Situated within 2 miles of UCF's Orlando campus, the property provides a convenient and modern living space for students.