Student Housing Business

MAY-JUN 2018

Student Housing Business is the voice of the student housing industry.

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TOP LENDERS May/June 2018 StudentHousingBusiness.com 50 nance, Green lending, Mezzanine, Credit Facilities, Bridge Financing, Joint Venture Equity and Preferred Equity. Largest student housing deal funded in 2017: $120,000,000 [asset not reported]. Do you think your institution will fund more, less or about the same number of deals and capital for student housing transactions in 2018 versus 2017? More in 2018; we are on track for $1 billion-plus. Citizens Bank 71 S. Wacker Drive Chicago, IL 60606 Main Student Housing Contact: Matthew Adams Amount Funded for Student Housing in 2017: $330,000,000 Types of Loans: New construction, Acquisition and Refinance. Largest student housing deal funded in 2017: The Standard at Flagstaff $69,575,000 Do you think your institution will fund more, less or about the same number of deals and capital for student housing transactions in 2018 versus 2017? The same. CTL Capital 500 Fifth Ave., 48th Floor New York, NY 10110 Main Student Housing Contact: Thomas Zarrilli, Paul Penney and Anthony Bax Amount Funded for Student Housing in 2017: Stu- dent Housing: $44,192,000 University Library Facil- ity: $26,500,000 Types of Loans: New construction, Acquisition and Refinance. Largest student housing deal funded in 2017: Uni- versity of Connecticut (Stamford, CT): $44,192,000 Do you think your institution will fund more, less or about the same number of deals and capital for student housing transactions in 2018 versus 2017? More Grandbridge Real Estate Capital LLC 200 South College Street, Suite 2100 Charlotte, NC 28202 Main Student Housing Contact: John Randall Amount Funded for Student Housing in 2017: [Intermediary] $79,921,388 [Lender] $85,463,000 Types of Loans: New construction, Acquisition, Refi- nance, Green lending, Mezzanine and Other. Largest student housing deal funded in 2017: $29,625,000 Do you think your institution will fund more, less or about the same number of deals and capital for student housing transactions in 2018 versus 2017? Same Greystone 152 West 57th Street, 60th Floor New York, NY 10019 Main Student Housing Contact: Joe Stepchuk Amount Funded for Student Housing in 2017: Not reported. Types of Loans: Bridge and Permanent fixed and floating rate loans Largest student housing deal funded in 2017: $27,600,000. Do you think your institution will fund more, less or about the same number of deals and capital for student housing transactions in 2018 versus 2017? Greystone expects to fund more deals for student housing transactions in 2018 versus 2017. KeyBank Real Estate Capital 127 Public Square Cleveland, OH 44114 Main Student Housing Contact: Janette O'Brien Amount Funded for Student Housing in 2017: $1,156,000,000 total closed volume ($712,000,000 on balance sheet and $444,000,000 capital markets) Types of Loans: New construction, Acquisition, Refinance, Green lending Bridge lending and rehab financing. Largest student housing deal funded in 2017: $37,500,000 (single asset), $115,000,000 (multiple loans for a portfolio acquisition) Do you think your institution will fund more, less or about the same number of deals and capital for student housing transactions in 2018 versus 2017? We would expect to fund about the same amount in 2018 versus 2017 M&T Realty Capital Corporation 25 S. Charles St., 17th Floor Baltimore, MD 21201 Main Student Housing Contact: John Higinbothom, Jr. Amount Funded for Student Housing in 2017: [Intermediary] $109,942,000 [Lender] $169,802,400 Types of Loans: Acquisition, Refinance and Green lending Largest student housing deal funded in 2017: $93,600,000. Do you think your institution will fund more, less $707 MILLION STUDENT HOUSING PORTFOLIO 4,500 UNITS | 23 PROPERTIES T H E N I N E AT T U S C A L O O S A / FA N N I E M A E C R E D I T FAC I L I T Y CA Finance Lenders License #603H310 / CA BRE Broker #01982999 Will Baker Phone 301 . 2 15 . 5510 Walke rD unlop . com

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