$23.1 MILLION LOAN SECURED FOR STUDENT HOUSING COMPLEX

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CHARLOTTE, N.C. — Harrison Street Partners and The Preiss Company have borrowed $23.1 million for their 168-unit University Village Apartments. The student housing complex, located off I-85 in Charlotte, has the capacity to house up to 600 students. Financing for the loan was provided by GreenPark Financial. Bat Barber of Medalist Capital’s Raleigh, N.C., office secured the loan.

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