MetLife Provides $42M Refinance Loan For Schenk Realty's 264-Unit Student Housing In San Marcos
140 West San Antonio Street
Financed 1 year ago
Summary
Located at 140 West San Antonio Street in San Marcos, this property is a student housing asset with a total of 264 units. It was recently involved in a closed transaction.
Summary of transaction details:
- Property Type: Student Housing
- Transaction Amount: $42,000,000
- Loan Type: Refinance
- Loan Terms: Five-year, fixed-rate
- Lender: MetLife
- Landlord: Schenk Realty
- Broker: Steve Skok - Berkadia
Steve Skok from Berkadia represented the buyer in this transaction. The loan was provided by MetLife for the amount of $42,000,000. This refinance loan has a five-year term and a fixed interest rate.
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140 West San Antonio Street
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