Recently Funded: $15.6MM Student Housing Refinance
The Owners of Vantage Point Apartments in Madison, Wisconsin were provided with a 10 year fixed rate permanent loan for the 65-unit, 200-bed Class A student housing property. The luxury campus area high rise is located adjacent to Union South, Camp Randall, and close to campus libraries, restaurants and Regent Street. "We were pleased to provide permanent financing on this quality student housing asset. Investors focused on the solid operating performance of the property and the strength of the UW-Madison housing market, resulting in excellent pricing for the local owner" said Mike Trehey, PLUM EVP Originations Midwest.
PLUM specializes in the capitalization of middle-market commercial real estate properties nationwide. We deliver creative and customized direct lending programs and a full array of loan options for all commercial property types.
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