BridgeInvest Closes a $30.0 MM Refinance Loan in Columbia, SC

1st Priority Mortgage Loan

Loan Amount
$30,000,000
Property Type
Student Housing
Location
Columbia, SC

BridgeInvest is excited to announce the closing of a $30.0 million senior secured refinancing loan on a townhome-style student housing community located at the University of South Carolina.

Transaction Highlights:

  • Lease-up to stabilization
  • SEC university with strong enrollment fundamentals
  • Incentivizing earnout structure subject to property performance
Transaction media