City: East Lansing
$71.94Mln CMBS Loan on Mich. Student-Housing Properties Doesn’t Pay Off at Maturity
Commercial Real Estate Direct Staff Report The $71.94 million CMBS loan against a portfolio of three student-housing properties with 852 units in East Lansing, Mich., has transferred to special servicer Greystone Servicing Co., because it wasn't paid off at its ...
a portfolio of six student-housing properties with 292 units in East Lansing, Mich.
Champion Real Estate Co. has paid $42.26 million, or $144,726/unit, for a portfolio of six student-housing properties with 292 units in East Lansing, Mich. The Los Angeles developer, part of the Champion family office, purchased the properties from DTN Management ...
Student-Housing Portfolio in East Lansing, Mich., Sells for $42.26Mln
Champion Real Estate Co. has paid $42.26 million, or $144,726/unit, for a portfolio of six student-housing properties with 292 units in East Lansing, Mich. The Los Angeles developer, part of the Champion family office, purchased the properties from DTN Management ...
three student-housing properties with 852 units in East Lansing, Mich.
The purchase was financed with an $85 million fixed-rate loan that was provided by JPMorgan Chase & Co. The debt is expected to be securitized. The properties, with an average occupancy of 96.1 percent, are: - Club at Chandler Crossings, ...
Campus Village
98 percent leased.
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