Grayson Jacobs & Dror Bezalel Of The Ardent Companies Secure $24M Refinance For Student Housing In Gainesville
407 Southwest 13th Street
$24,000,000
Building Size
—
Asset Type
Student Housing
Closing
Jun 23, 2026
AI
The asset involved in the transaction is student housing located at 407 Southwest 13th Street in Gainesville. The loan amount for this property is $24,000,000, and it is classified as a refinance loan.
Summary of transaction details:
- Property Type: Student Housing
- Transaction Amount: $24,000,000
- Lender: GID
- Landlord: Grayson Jacobs & Dror Bezalel - The Ardent Companies
- Brokers: Melissa Rose, Mike Brady & Christian Johnston - JLL
- Loan Type: Refinance
The individuals involved in the transaction include the landlords, Grayson Jacobs and Dror Bezalel, who represent The Ardent Companies. The brokers facilitating this transaction are Melissa Rose, Mike Brady, and Christian Johnston, associated with JLL.
Players
Market Student Housing Market Snapshot
Boundary boundary · Student Housing · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93