MidCap Financial Provides $52,750,000 Acquisition Loan For Student Housing In Madison WI

The property involved in this transaction is a student housing asset known as The Towers on State & The Statesider, located at 502 North Frances Street & 505 North Frances Street in Madison, WI. The asset consists of 457 beds and the loan amount for the acquisition is $52,750,000.

Summary of transaction details:

• Property Type: Student Housing
• Transaction Amount: $52,750,000
• Lender: MidCap Financial
• Brokers: Dylan Kane, Zach Redding & Jared King - Colliers
• Date: 5/15/2026

The key individuals involved in this transaction are Dylan Kane, Zach Redding, and Jared King, who represent the brokerage firm Colliers. They played a vital role in facilitating the acquisition of the property by working closely with the lender, MidCap Financial, throughout the transaction process.