ORIX Real Estate Americas announced the closing of a $14.5 million construction loan for a 167-bed, Class “A” student housing property in the West Campus neighborhood of Austin, two blocks from the University of Texas. West Campus is the premier location for students who attend the University of Texas.
“This property will be of superior quality and is located in a market with very high barriers to entry,” said Adam Diamond, Director – Originations for ORIX Real Estate Americas.