Medistar Corporation Secures $135.85M Construction Loan For Student Housing On Holcombe Blvd In Houston

Medistar Corporation has secured a construction loan of $135,850,000 for a student housing project located at 1020 Holcombe Blvd in Houston. Spanning across 5 acres, this property asset is owned by Medistar Corporation and serves as an ideal location for student accommodation.

Summary of transaction details

• Property Type: Student Housing
• Transaction Amount: $135,850,000
• Address: 1020 Holcombe Blvd
• Market: Houston
• Acres: 5

The lender for this construction loan is CIM Group, a reputable financial institution specializing in real estate investments. This loan will provide the necessary funds for the development of the student housing project. The collaboration between Medistar Corporation and CIM Group demonstrates the commitment to providing quality accommodation for students in Houston.