The Mods

Student Housing, New Development
Amount: $

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

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