Barclays Provides $29.65 Million Refinance Loan For Student Housing Across Lansing, Lafayette & Bloomington

The asset involved in this transaction is student housing located at 4915 Belle Chase Way, 1714 North 9th Street & 1616 South Henderson Street within the Lansing, Lafayette & Bloomington markets. The loan relates to a refinance transaction amounting to $29,650,000 secured through a 5-year CMBS Loan.

Summary of transaction details:

• Property Type: Student Housing
• Transaction Amount: $29,650,000
• Loan Type: Refinance
• Loan Terms: 5 year CMBS Loan
• Lender: Barclays
• Broker: Anthony Longo - Alpha Capital CRE

Anthony Longo, representing Alpha Capital CRE, was instrumental in facilitating this transaction, ensuring that all necessary arrangements were made for the refinancing efforts. The partnership with Barclays established the financial support required for this student housing asset.