College Crest

$7.675M Bridge Loan;
 

Property:

184-bed student housing complex

Location:

Pullman, WA

Financing:

HRC arranged a 2-year, $7.7M bridge loan with a private lender at a rate in the 8% range over LIBOR. The borrower demanded a quick closing to reposition the asset as a premier housing destination for students at Washington State University.

Skills

Posted on

December 27, 2017