Student Housing Business

MAY-JUN 2018

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

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May/June 2018 51 TOP LENDERS or about the same number of deals and capital for student housing transac- tions in 2018 versus 2017? More. PNC Real Estate The Tower at PNC Plaza, 300 Fifth Avenue Pittsburgh, PA 15222-2401 Main Student Housing Contact: Ryan Welsh Amount Funded for Student Housing in 2017: $291,400,000 Types of Loans: New construction, Acquisition, Refinance and Green lending. Largest student housing deal funded in 2017: $61,975,000 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 or more. Seminole Financial Services 455 N. Indian Rocks Road Belleair Bluffs, FL 33770 Main Student Housing Contact: Joe Ritter Amount Funded for Student Housing in 2017: $18,575,648 Types of Loans: Preferred equity Largest student housing deal funded in 2017: $18,575,648 in equity for a 268-unit/887-bed, purpose-built student housing project. 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 Wells Fargo 420 Montgomery Street San Francisco, CA 94104 Main Student Housing Contact: wellsfargo.com/realestate Amount Funded for Student Housing in 2017: $701,589,699 Types of Loans: New construction, Acquisition and Refinance. Largest student housing deal funded in 2017: $102,943,967 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 expect to fund about the same to slightly more in 2018 compared to 2017. Walker & Dunlop 7501 Wisconsin Avenue, Suite 1200E Bethesda, MD 20814 Main Student Housing Contact: Will Baker Amount Funded for Student Housing in 2017: [Intermediaries] $15,200,000 [Lenders] $1,901,188,000 Types of Loans: Acquisition, Refinance, Green lending, Mezzanine and Supplemental. Largest student housing deal funded in 2017: Scion Portfolio Government-Sponsored Enterprises (in alphabetical order): Fannie Mae 707 Wilshire Blvd, 15th Floor Los Angeles, CA 90017 Main Student Housing Contact: Lowell Takahashi Amount Funded for Student Housing in 2017: $3,800,000,000 in student hous- ing loans through its lender network. Types of Loans: Acquisition, Refinance, Green lending and Structured Credit Facilities. Largest student housing deal funded in 2017: Unspecified Freddie Mac 8100 Jones Branch Drive McLean, VA 22102 Main Student Housing Contact: Richard Martinez and Kelli Carhart Amount Funded for Student Housing in 2017: $1,600,000,000. Types of Loans: New construction, Acquisition, Refinance and Green lending. Largest student housing deal funded in 2017: $97,000,000 Do you think your institution will fund more, less or about the same num- ber of deals and capital for student housing transactions in 2018 versus 2017? More. Crowne at Campus Point Eagle Landing Apartments Rutgers Project Consulted on senior construction financing of a 181-unit, 696-bed student housing community located near Rutgers University in New Brunswick, New Jersey. This marked the firm's first transaction with Collegiate Development Group and continued its successful relationship with Kayne Anderson Real Estate Advisors. Featured Deals: For more informaঞon on TSB Capital Advisors & its services, contact Timothy S. Bradley 480.626.4416 | tbradley@tsbca.com | tsbca.com Consulted on acquisition financing of a 324-unit, 718-bed student housing community near the University of Tennessee in Knoxville. This transaction continued the firm's successful relationships with Coastal Ridge Real Estate and Goldman Sachs. Consulted on refinancing of Phase I of a 144-unit, 264-bed student housing community located near Embry-Riddle Aeronautical University, Bethune Cookman University and Daytona State College in Daytona Beach, Florida. This transaction continued the firm's successful relationship with RISE: A Real Estate Company.

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