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4905 Dunckel Road

Barclays Provides $43.7 Million Refinance Loan For Student Housing In Lansing And Lafayette
FINANCEDStudent Housing

Barclays Provides $43.7 Million Refinance Loan For Student Housing In Lansing And Lafayette

4905 Dunckel Road

$43,700,000

Building Size

Asset Type

Student Housing

Closing

Apr 16, 2026

AI

The asset involved in the transaction consists of multiple properties located at 4905 Dunckel Road, 2550 Yeager Rd West, 203, 305, 307 Montefiore St, and 230-238 West Saginaw St, primarily serving the student housing market in Lansing and Lafayette. The refinancing loan amount for these properties is $43,700,000, with a term set for 5 years.

Summary of transaction details:

Key individuals involved in the deal include Anthony Longo, who serves as the broker representing the transaction through Alpha Capital CRE. Barclays is the financial institution providing the refinancing for the properties involved.

Players

Anthony Longo

Alpha Capital

Broker

$954.8M

vol

32 deals

Broker
Barclays Bank
Barclays BankLender

Lansing 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

0.36%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93