Brief
Elevate Development Receives $116M in Financing for Student Housing Project Near Texas State University
SAN MARCOS, TEXAS — Elevate Development Partners has received $116 million in acquisition and construction financing for the development of a 759-bed student housing community near Texas State Univers
Summary
SAN MARCOS, TEXAS — Elevate Development Partners has received $116 million in acquisition and construction financing for the development of a 759-bed student housing community near Texas State University in San Marcos.
The 260-unit project is being developed in partnership with Flintco.
S3 Capital provided financing for the development, which will span 280,124 square feet. Shared amenities are set to include a social lounge, bicycle room, package room, resort-style pool, yoga and wellness room,
Source
- REBusinessOnlinerebusinessonline.com
