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Short-Term Bridge Loan in Normal, IL

VCREF provided the repeat sponsor with a first mortgage refinance bridge loan for the 204-bed student housing.  The loan also included funds to add 76 additional beds.

  • Location: Normal, IL
  • Property Type: Student Housing
  • Loan Type: Refinance
  • Loan Program: Short-Term Bridge Loan
  • Amount: $14,875,000

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