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Elevate Development Receives $116M in Financing for Student Housing Project Near Texas State University

Summary by REBusinessOnline
SAN MARCOS, TEXAS — Elevate Development Partners has received $116 million in acquisition and construction financing for the development of a 759-bed student housing community near Texas State University in San Marcos. The 260-unit project is being developed in partnership with Flintco. S3 Capital provided financing for the development, which will span 280,124 square feet. Shared amenities are set to include a social lounge, bicycle room, packag…
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REBusinessOnline broke the news on Wednesday, May 13, 2026.
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