HFF Provides $26.65M Loan For USC Student Housing Portfolio

A student housing portfolio comprising of 19 properties and 245 beds, located at University of Southern California in LA, has secured a loan of $26,650,000 from HFF. This five-year fixed-rate loan allows the owner, Mosaic Investment Partners, to continue operating these properties as student housing. The total square footage of the portfolio is 81,374.

Summary of transaction details

• Property Type: Student Housing Portfolio
• Transaction Amount: $26,650,000
• Address: University of Southern California, LA
• Asset Type: 19 properties, 245-bed student housing portfolio
• Lender: HFF

Greg Brown represented the lender, HFF, throughout the loan transaction. AJ Manas, on the other hand, represented Mosaic Investment Partners as the landlord's representative. Both individuals played a crucial role in ensuring the successful completion of this financing agreement.