Knighthead Funding Originates $40M Financing for Student Housing Near Indiana University

Knighthead Funding has originated a $39.75 million first mortgage loan to refinance Stadium Crossing, a 226-unit, 734-bed student housing community located at 298 East Varsity Lane in Bloomington, Indiana, directly across from Indiana University Memorial Stadium. The borrower, Varsity Properties, has owned and operated the property for many years and sought to refinance the existing ... The post Knighthead Funding Originates $40M Financing for Student Housing Near Indiana University appear