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The Tradition burns bright in AggielandThe Tradition burns bright in Aggielandhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=201112018-05-21T05:00:00Z2018-05-21T21:00:00Z

​​​​​Courtyard in the Tradition.​COLLEGE STATION – The Tradition, a 427-unit student housing community, has been acquired by Preferred Apartment Communities.​​

The 808-bed complex is located in the Northgate district at 301 Church Ave.

The company financed the acquisition utilizing a non-recourse first mortgage bridge loan for $30 million.

"The Tradition is located just steps from the Texas A&M campus and was completely renovated in 2017 to provide best in class student-centered amenities and finishes,” said CEO Paul Cullen.

MultifamilyBiz.com
College Station-Bryan
Multifamily
http://www.multifamilybiz.com/News/8319/Preferred_Apartment_Communities_Acquires_Student_HRead more at {Source}

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