The transaction involves two fully leased student housing properties located at 54 East John Street and 103 East Healey Street in Champaign. The asset type is student housing, comprising a total of 173 units with a loan amount of $16,779,000 for refinancing purposes.

Summary of transaction details:

• Property Type: Student Housing
• Transaction Amount: $16,779,000
• Lender: Freddie Mac
• Landlord: Chris Saunders - Green Street Realty
• Brokers: Brett Hood & John Heitmann - NorthMarq
• Units: 173
• Market: Champaign

The financing was secured by NorthMarq, facilitating the loans for the 65-bed property located at 54 E. John St. and the 108-bed property at 103 E. Healey St., both situated in Campustown South, supporting the ongoing demand for student accommodations near the University of Illinois Urbana-Champaign.