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Knighthead Funding Provides $39.7M Refinancing for Student Housing Property Near Indiana University
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Knighthead Funding Provides $39.7M Refinancing for Student Housing Property Near Indiana University
BLOOMINGTON, IND. — Knighthead Funding has provided a $39.75 million first mortgage loan to refinance Stadium Crossing, a 226-unit, 734-bed student housing property in Bloomington located directly across from Indiana University Memorial Stadium. The borrower, Varsity Properties, has owned and operated the community for many years. Stadium Crossing was built in the 1980s. The post Knighthead Funding Provides $39.7M Refinancing for Student Housing…
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