The Mods
Student Housing, New Development
![](https://cdn.prod.website-files.com/667e299c6cc480823ec934bd/667e299c6cc480823ec93804_map-pin.png)
Bryan
,
TX
![](https://cdn.prod.website-files.com/667e299c6cc480823ec934e4/667e299c6cc480823ec9420d_The%20Mods.png)
Amount: $
5900000
StackSource recently arranged financing for the first phase of the new development of a Student Housing community located in Bryan, Texas. The community will feature amenities such as a communal garden and a luxury pool. StackSource facilitated the financing for the sponsors who owned the land free and clear. The terms included 100% financing on the construction, with a 2-year interest-only period at a Prime+1% interest rate. The approval process was streamlined, taking less than 1 month from term sheet to close.
Deal Team
No items found.