Newmark Secures $47.5 Million in Financing for Student Housing Asset Serving the University of Missouri
October 25, 2024
October 25, 2024
NEW YORK, Oct. 25 -- Newmark Group issued the following news release:
Newmark announces it has arranged $47.5 million in financing for Collective at Columbia, a 318-unit, 972-bed student housing asset serving the University of Missouri (Mizzou) in Columbia, Missouri.
The Newmark Multifamily Capital Markets team secured the five-year, fixed-rate, full-term, interest-only loan through a life company to finance the acquisition and light capital improvements for the propert . . .
Newmark announces it has arranged $47.5 million in financing for Collective at Columbia, a 318-unit, 972-bed student housing asset serving the University of Missouri (Mizzou) in Columbia, Missouri.
The Newmark Multifamily Capital Markets team secured the five-year, fixed-rate, full-term, interest-only loan through a life company to finance the acquisition and light capital improvements for the propert . . .