Scott Keller Of Keller Investment Properties Secures $718.5 Million Refinance Loan From Nomura For 13-Property Portfolio

This transaction involves a 13-property portfolio consisting of 3,321 multifamily and student housing units located across Utah, Nevada, and Arizona. The total square footage is approximately 3,100,000. The asset is being refinanced with a loan amount of $718,500,000, under a two-year floating-rate loan type.

Summary of transaction details:

• Property Type: Package Deal
• Transaction Amount: $718,500,000
• Lender: Nomura
• Landlord: Scott Keller - Keller Investment Properties
• Loan Terms: two-year, floating-rate
• Occupancy Rate: 93.6% as of June 2026

Keller Investment Properties has secured the CMBS refinancing loan from Nomura affiliate NWL Co. The portfolio's occupancy recovered to 93.6% after experiencing a decline to 87.3% in 2025, indicating renewed stability in the multifamily sector as CMBS financing gains traction.