Seven Hills Realty Trust Provides $42M Bridge Loan To Shore To Shore Properties For Student Housing

The Domain at Oxford is a 642-bed student housing property located at 2002 Oxford Way in Oxford, MS. The asset was constructed in 2016 and offers upscale amenities along with furnished apartments. A bridge loan was arranged to refinance the property, valued at $42 million.

Summary of transaction details:

• Property Type: Student Housing
• Transaction Amount: $42,000,000
• Lender: Seven Hills Realty Trust
• Landlord: Shore to Shore Properties Inc
• Loan Type: Refinance
• Market: Oxford, MS
• Loan Date: 12/02/2024
• Broker: Newmark

This transaction involved Seven Hills Realty Trust providing the loan, while Shore to Shore Properties Inc served as the landlord for the property. Newmark played a key role in arranging the three-year loan with extension options to support the refinancing of the student housing community.