Berkadia Arranges $62 Million Stretch Senior Loan for Acquisition of 568 Bed Student Housing Community in Baltimore
BALTIMORE, MD - Berkadia announces it has secured a $62 million stretch senior loan for the acquisition of Nine East 33rd, a 157-unit/568-bed off-campus student housing property located right across the street from the main entrance of Johns Hopkins University in Baltimore, MD. Aaron Moll of Berkadia Student Housing and Cody Kirkpatrick, Noam Franklin, Chinmay Bhatt and Matthew Tu of Berkadia Joint Venture Equity & Structured Capital arranged the loan from PIMCO, on behalf of HH Fund, a...
Source: multifamilybiz.com