FINANCED
JLL Secures $11.8M Loan For Student Housing In Wichita, KS
Student Housing
Financed 93 days ago
Summary
Loan
KANSAS
Student Housing
The student housing community located at 2909 N Oliver Street in Wichita, KS, consists of 192 units and has been refinanced for $11.8 million. Owned by Calidus and managed by The Preiss Company, the property received a five-year fixed-rate loan through Freddie Mac Multifamily, with JLL Real Estate Capital, LLC as the lender.
Summary of transaction details:
- Property Type: Student Housing
- Transaction Amount: $11,800,000
- Address: 2909 N Oliver Street
- Market: Wichita, KS
- Lender: Freddie Mac & JLL Real Estate Capital
- Landlord: Calidus
- Brokers: Dan Kearns, Dave Hunter, Katia Novi & Patricia Heminger - JLL
- Loan Terms: Five-year, fixed-rate loan
JLL Capital Markets played a crucial role in securing the $11.8 million refinancing deal for 2909 Oliver. The property near Wichita State University in Kansas is owned by Calidus and managed by The Preiss Company. Noteworthy individuals involved in the transaction include Dan Kearns, Dave Hunter, Katia Novi, and Patricia Heminger from JLL Real Estate Capital, LLC.
Players
Details
FINANCED
IMAGE: Dan Kearns, Katia Novi & Patricia Heminger
DATE: 01/29/2024
ADDRESS: 2909 N Oliver Street
MARKET: Wichita, KS
ASSET TYPE: Student Housing ~ UNITS: 192
LENDER: Freddie Mac & JLL Real Estate Capital
LANDLORD: Calidus
BROKERS: Dan Kearns, Dave Hunter, Katia Novi & Patricia Heminger - JLL
LOAN AMOUNT: $11,800,000
LOAN TERMS: five-year, fixed-rate loan
NOTE: JLL Capital Markets has secured an $11.8 million refinancing deal for 2909 Oliver, a student housing community near Wichita State University in Kansas. The 192-unit property, owned by Calidus and managed by The Preiss Company, received the five-year fixed-rate loan through Freddie Mac Multifamily, with JLL Real Estate Capital, LLC serving as the lender.View on map
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