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BWE Arranges $23.5M Acquisition Loan for Student Housing Property Near Texas State University

Summary by REBusinessOnline

SAN MARCOS, TEXAS — BWE, a Cleveland-based commercial financial services firm, has arranged a $23.5 million acquisition loan for The Edge, a 553-bed student housing property that serves students at Texas State University in San Marcos. The Edge is located less than a mile from campus and offers one-, two-, three- and four-bedroom floor plans across 173 units. Amenities include a fitness center, clubhouse, study areas and a basketball court. Chri…

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The Prime Company Secures $111M for Midwest Student Housing Portfolio

The Prime Company (TPC) has secured $111 million in fixed-rate financing from affiliates of Apollo for a portfolio of five student housing properties across four states. TPC developed each of the five properties over the past 10 years. The five student housing assets total 998 units with 1,778 beds. Prime Place Stillwater 213 and 312, […] The post The Prime Company Secures $111M for Midwest Student Housing Portfolio appeared first on Yield PRO.

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