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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 ...
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 ...
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 ...
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, ...
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