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Loan OK'd for 108-bed West Campus Lofts Loan OK'd for 108-bed West Campus Lofts https://www.recenter.tamu.edu/news/newstalk-texas/?Item=200082018-05-03T05:00:00Z2018-05-03T23:00:00Z

​​​West Campus Lofts in Waco.WACO – A $9.1 million loan has been secured to enable the acquisition of West Campus Lofts, a 72-unit/180-bed student housing complex.

Located at 805 South 8th St., the property consists of one-, two-, three-, and four-bedroom units.

As of March 2018, the property is 85 percent physically occupied and the average rent is $714/bed.

The loan was provided by Hunt Mortgage Group to California Private Capital Group, LLC in order to finance the acquisition and complete the lease-up of the complex.​

Online news
Waco
Multifamily
http://markets.businessinsider.com/news/stocks/hunt-mortgage-group-finances-the-acquisition-of-student-housing-property-located-in-waco-texas-1022895942Source: {Source}

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