Student Housing Property Refinanced in Arizona
1 report, 1 independent
Updated Sep 23
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What happened
TSB Capital Advisors arranged a floating-rate loan for Coastal Ridge Real Estate and Real Estate at Goldman Sachs Alternatives to refinance Commons at Sawmill, a 194-unit student housing property in Flagstaff, Arizona. Old National Bank provided the financing for the property, which was renovated in 2023 and is located near Northern Arizona University.
From multifamilybiz.com
Why it matters
The transaction represents capital flow into the student housing and multifamily real estate sector. The refinancing demonstrates investment confidence in renovated properties positioned near university campuses.
From multifamilybiz.com
Who's involved
- ColumbusCapital city of Ohio, United States of America
- Andrew Ginther53rd mayor of Columbus, Ohio, US
- Kevin Staffordveterinary researcher in New Zealand
- city councillegislative body that governs a city, municipality or local government area
- Columbus City Councillawmaking body responsible for the administration of Columbus, GA