$33,000,000 – Senior – NON-RECOURSE! &
$12,000,000 – Mezzanine – Non-Recourse fixed rate
30 day Libor + 3.75%
3 year term + extension option
30 months Interest only then 30 year amortization
No-Prepayment Penalty
Bank execution
To be built 158 unit, 508 bed student housing, off campus.
Closed by Zach Nimhauser and Michael Brown
